By the end of this week, AirlineFinancials.com LLC is projecting the seven largest US airlines will have collectively reported $1.8 billion in profits from $36.9 billion in revenue for the recent 3rd quarter. This…
Southwest Airlines Co. (NYSE: LUV) this morning reported an in-line profit in the third quarter, boosted in part to fewer negative fuel-hedging impacts. The Dallas-based company posted adjusted earnings per share (EPS) of $0.13…
With just a couple of hours left to reach a deal or ask for an extension, the proposed merger between defense contractor BAE Systems plc and European Aeronautic Defense and Space Co. (EADS), the…
It has only been a few weeks since BAE Systems and EADS proposed to merge. But objections by large investors, as well as some of the nations that have many employees from one or…
We previously warned that the BAE Systems and EADS proposed aerospace and defense merger could come under fire. That appears to be the case with the new objections. CNBC discussed this on Monday as looking…
Alliant Techsystems Inc. (NYSE: ATK) is in the somewhat troubled defense sector that faces challenges from the coming fiscal cliff that includes defense budget cuts. That might automatically create a situation where investors would just…
American Airlines Problems American Airlines, the operating business of bankrupt AMR, cannot seem to solve the problems of how the seats are fastened to the floors of its planes. Coming just after a pilot…
The Boeing Co.Boeing Co. (NYSE: BA) lost a round in its effort to settle labor issues with its engineers. The Society of Professional Engineering Employees in Aerospace said that more than nine in 10…
It seems impossible to believe that the profits of the global airline industry could be robust this year. But the The International Air Transport Association (IATA) revised its “global aviation outlook” higher, which reflects…
Lockheed Martin (NYSE: LMT) has just joined the dividend hike brigade. We have previously written that this would likely be the case and the hike was right in line with the upper-end of our…
AMRPassengers who fly American Airlines, the operating division of bankrupt AMR, have found it increasingly frustrating to use the carrier. The Allied Pilots Association allegedly has encouraged some of its members to skip work. This has…
AMRBankrupt AMR, parent of American Airlines, faces increasing resistance from employees as it attempts to cut wages and headcount. Worker activism has started to harm American’s relationships with customers, and almost certainly its sales…
Rockwell Collins Inc. (NYSE: COL) is trading lower after the defense firm said on Friday morning that is lowering its guidance for fiscal year 2013. The blame is over unprecedented uncertainty around military cuts…
American Airlines, whose parent AMR is in Chapter 11, will use that status, a staple of the industry, to send layoff notices to 11,000 workers. The people who receive the notices can take comfort…
Senior members of the U.K. government have told the Sunday Telegraph that the EADS “merger” with BAE could be challenged in Parliament. The deal is already controversial because it might create a new monopoly in parts of…