Transportation
Transportation Articles
On STOP TRADING on CNBC today, Cramer said the FED is actually listening to the guidance conference calls of the major companies and seeing the slowdown. The tape is not lying, and these guys that...
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US Airways (LCC-NYSE) has formally withdrawn its offer to acquire Delta Air Lines Inc. (DALRQ-NASDAQ/OTC). The Unsecured Creditors’ Committee would not meet its demands by the airline’s...
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Boeing (BA) did not want to leave anything to doubt. Instead of forecasting the next quarter, or even the next year, the big aerospace company said that it sees two years of rising profits and...
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Delta Airlines (DALRQ-NASDAQ/OTC) has announced this morning that it secured a $2.5 Billion exit financing facility, making it one step closer to exiting bankruptcy in spring as a strong...
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Aircastle Limited (AYR-NYSE) has filed to sell 13.5 million shares, plus some overallotment shares that allow a total of 15.525 million shares to be sold. This isn’t the Fortress Investment Group...
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By William Trent, CFA of Stock Market Beat We have said often that the future of passenger air travel lies in smaller jets flying to smaller cities. The hub and spoke model is outmoded, and large...
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With all of the fanfare about Boeing’s recent successe it is hard to believe that 2006 will be the first year that it has outsold rival Airbus. Boeing should ship over 900 planes this year compared...
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Singapore Air, one of the world’s largest long-haul carriers has ordered nine Airbus A380 superjumbos and taken options on six more. The new plane has had a history of production problems, and...
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By William Trent, CFA of Stock Market Beat A month ago, we said the decision by FedEx (FDX) to cancel its orders for the Airbus A380 jumbo jet meant you could stick a fork in it, it was done. That is...
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The Germans are not even buying from themselves. At least not airplanes. Airbus, Airbus, a subsidiary of Franco-German EADS, has been flogging its 380 super-jumbo as the next big thing. But,...
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Even after a stong run-up that began in 2003 and several product delays and run-ins with the Federal government, Boeing’s shares have risen from $70 at the beginning of the year to $90. And, Boeing...
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