Transportation
Transportation Articles
The year just passed has been a good one for US air carriers. For the first time in several years, virtually every carrier earned a profit and airline stocks posted gains ranging from a few percent...
Published:
Last Updated:
Tickets for American Airlines flights are no longer sold at Expedia or Orbitz. American (NYSE: AMR) will have to rely on its own site AA.com and smaller travel sites. Orbitz and Expedia have such a...
Published:
A couple of large deals have now been completed in the shipping business, the latest of which is the partial spin-off by Diana Shipping Inc. (NYSE: DSX) of 80% of its 55% interest in its subsidiary...
Published:
Last Updated:
A process begun in 2000 might be coming to a close. European aircraft maker EADS (OTC: EADSY), builders of the Airbus planes, is readying its final bid to build a new tanker for the US Air Force....
Published:
Last Updated:
Business school professors and airline analysts will look back on the first three quarters of 2010 and say that the industry finally found a way to make money. Baggage fees for the period hit nearly...
Published:
Last Updated:
How much are US air travelers willing to put up with from the airlines? The short answer is probably, “A lot,” because, after all, we don’t have a lot of choices. Business travelers are often...
Published:
Last Updated:
Teekay Offshore Partners LP (NYSE: TOO) is the latest among many companies seeking to raise capital. The company has announced plans to sell some 5.6 million public units in a secondary offering on...
Published:
Last Updated:
Most American who will pass through airports this weekend don’t care if they are closely examined, screened, or even touched. Perhaps the bomb scare on a Detroit bound plane last year has caused...
Published:
Last Updated:
By Robert Herbst Since the 2001 terrorist attacks, over seven billion passengers have gone through US airport security and not a single terrorist has been caught! For clarification, I am not a...
Published:
Last Updated:
It turns out that Warren Buffett was right about railroads. They are part of a country’s fabric, and their place as a relatively low-cost shipper is well-fixed in a country’s infrastructure. Now...
Published:
Last Updated:
It’s probably too early to declare that there’s a new sheriff in town, but it’s not too early to keep an eye on a new Chinese aircraft maker. Commercial Aircraft Corp. of China, known as Comac,...
Published:
Last Updated:
Boeing Co. (NYSE: BA) keeps having problems with its upcoming 787 Dreamliner. The freshest news out is that a 787 Dreamliner caught fire on a test flight and was forced to make an emergency landing...
Published:
Last Updated:
When US airlines reported third quarter earnings last month, the results were impressive and their share prices received a nice boost. The good news mostly continues to roll in, as the carriers have...
Published:
Last Updated:
Qantas will continue to ground its fleet of A380 super-jumbo jets. The decision will keep the aircraft out of the air for at least 72 hours. Leaks have been found in three more Rolls Royce engines....
Published:
Aviation Week says that deliveries of the 787 Dreamliner will be delayed again which should put more pressure on CEO W. James McNerney, Jr. to resign. He joined the company on July 1, 2005. That is...
Published: