Courtesy Lockheed Martin Corp.Lockheed Martin Corp. (NYSE: LMT) reported first-quarter 2013 results before markets opened this morning. For the quarter, the defense firm posted diluted earnings per share (EPS) of $2.33 on revenues of…
courtesy Boeing Co.Boeing Co. (NYSE: BA) may have received approval from the FAA for a fix to its 787 Dreamliner battery problem, but now the company has to figure how making the changes can…
Courtesy of Boeing Co.While the company continues to struggle with getting its 787 Dreamliners back in the air, Boeing Co. (NYSE: BA) said this morning that it will reduce its production of it jumbo…
courtesy Boeing Co.Boeing Co. (NYSE: BA) may be able to put its 787 Dreamliner back in service shortly. The problems with a battery on the plane that had caused fires and smoke have been…
ThinkstockAMR Corporation (AAMRQ) has managed to do something which will sound almost impossible, or at least illogical. The parent company of American Airlines is still in bankruptcy and is still in the midst of…
ThinkstockThe breakdown of the reservations system of AMR, parent of American Airlines, will not be the last for the company. Carrier mergers are notorious for the customer disruption they cause. As American marries U.S.…
Wikimedia CommonsBoeing Co. (NYSE: BA) 737 aircraft need to go through an inspection process. That process includes about 1,000 planes. And the problem is serious, which means the aerospace company faces another black eye…
ThinkstockThe CEO of AMR Corp., parent company of bankrupt American Airlines, won’t be getting a $20 million severance package from the company. A bankruptcy court judge in New York rejected the payment, citing restrictions…
courtesy Boeing Co.Bloomberg points out that the Boeing Co. (NYSE: BA) Dreamliner 787 may not be back in service as fast as the press and many airlines expect. The sticking point is that American…
ThinkstockAfter markets closed last night, Fortinet Inc. (NASDAQ: FTNT) issued a warning on earnings and revenues for the company’s first quarter. The announcement dragged down share prices at several other vendors of Internet security…
ThinkstockBritish Airways appears close to an order of $7 billion of Airbus A350 planes. The airline traditionally has been a customer of Boeing Co. (NYSE: BA). However, that could change is a matter of days. According…
courtesy Boeing Co.Boeing Co.’s (NYSE: BA) major public relations push, at least based on a look at its website, is that it has created “Runway Situation Awareness Tools” that “are making the safest transportation…
courtesy Boeing Co.The Boeing Co. (NYSE: BA) 787 Dreamliner battery debacle may be the face of the aerospace company’s problems. However, just below that surface is a much larger one. Boeing has fallen far…
courtesy Boeing Co.In 2012, Boeing Co. (NYSE: BA) delivered 585 new airplanes to customers and took orders to build another 1,200. European competitor Airbus booked just 914 new orders in 2012. But the tables…
ThinkstockUS Airways Group Inc. (NYSE: LCC) reported today that March traffic rose 5.1% year-over-year as measured by revenue passenger miles. Available seat miles rose by 3.2% over March 2012, and load factor came in…