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Southwest Air Traffic Lower in November

courtesy Boeing Co.Southwest Airlines Co. (NYSE: LUV) reported this morning that traffic in November was down 1.5% year-over-year to 8.1 billion revenue passenger miles. A year ago the revenue passenger miles totaled 8.3 billion.…

Paul Ausick · 14 years ago

Smith & Wesson Raises Outlook After Beating Estimates

ThinkstockSmith & Wesson Holding Corp. (NASDAQ: SWHC) reported second-quarter fiscal 2013 earnings after markets closed today. For the quarter, the gun maker posted diluted earnings per share (EPS) of $0.31 on revenues of $136.6…

Paul Ausick · 14 years ago

Another Foul-Up on the Boeing 787

The Boeing Co. (NYSE: BA) 787 Dreamliner came to market years late and billions over budget. And given the variety of problems the aircraft has exhibited since it arrived, perhaps deliveries should have been…

Paul Ausick · 14 years ago

Boeing Capital Sees $104 Billion in Total 2013 Leases

Boeing Capital Corp., the leasing and financing arm of Boeing Co. (NYSE: BA), released its aircraft finance market outlook for the next five years this morning. Boeing Capital expects total industry deliveries to reach…

Paul Ausick · 14 years ago

Delta Eyes Virgin’s Atlantic Routes

More reasons for Delta Air Line Inc.’s (NYSE: DAL) interest in an investment in Virgin Atlantic emerged today. The huge U.S. carrier finds itself without good market share in routes across the Atlantic. Virgin’s passenger…

Trey Thoelcke · 14 years ago

Chinese Airline Orders 60 Planes from Airbus

ThinkstockAt the beginning of this year, new, tougher carbon emissions rules went into effect for airplanes arriving or departing from EU airports. Complaints and protests came from every direction, but among the loudest complainers…

Paul Ausick · 14 years ago

Boeing Buoyed by 737 Plans

courtesy Boeing Co.Boeing Co. (NYSE: BA) stock isn’t moving much today even though the company has made a couple of statements that are fairly positive. First, the company says it has completed the ‘Firm…

Paul Ausick · 14 years ago

United Airlines’ Computers Out — Again

ThinkstockIn its third major computer outage since June of last year, United Airlines has once again left passengers waiting at its gates at major airports around the country. United Continental Holdings Inc. (NYSE: UAL)…

Paul Ausick · 14 years ago

Boeing Shrinks Executive Ranks

Wikimedia CommonsNational Employee Morale Day was celebrated at Boeing Co. (NYSE: BA) yesterday as the company reassigned a number of executives. Buried in the press release about the plans were a number of cost-cutting…

Trey Thoelcke · 14 years ago

Thanksgiving Holiday Planes Expected to Be Full

ThinkstockU.S. airlines are expected transport nearly 24 million passengers over the 2012 Thanksgiving holiday weekend, up by about 150,000 from last year’s holiday period. Planes should be flying at about 90% of capacity on…

Paul Ausick · 14 years ago

Another Humilation for Boeing

Wikimedia CommonsThe humiliation of ongoing delays in the delivery of the Boeing Co. (NYSE: BA) 787 continues to dog the huge manufacturer. It has decided to adopt a marketing campaign that might turn investor…

Douglas A. McIntyre · 14 years ago

Flight Cancellations Top 7,000

Hurricane Sandy is forcing the cancellation of thousands of flights into and out of the U.S. Northeast amid forecasts for high winds and heavy rain. In New York City, the subway system began to…

Paul Ausick · 14 years ago

Delta Earnings Flat, Outlook Doesn’t Cheer

Wikipedia/Public DomainDelta Air Lines Inc. (NYSE: DAL) reported third-quarter 2012 results before markets opened this morning. The airline posted adjusted diluted earnings per share (EPS) of $0.90 on revenues of $9.92 billion. In the…

Paul Ausick · 14 years ago

Boeing Raises Guidance Following Solid Q3

Boeing Co. (NYSE: BA) reported third-quarter 2012 results before markets opened this morning. The aerospace company posted diluted earnings per share (EPS) of $1.35 on revenues of $20 billion. In the same period a…

Paul Ausick · 14 years ago

Defense Firms’ Earnings Mixed (GD, NOC)

Defense contractors General Dynamics Corp. (NYSE: GD) and Northrop Grumman Corp. (NYSE: NOC) reported third quarter 2012 results before markets opened this morning. General Dynamics posted diluted earnings per share (EPS) of $1.70 on…

Paul Ausick · 14 years ago