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Boeing (NYSE: BA) said 33,500 commercial planes will be sold between now and 2030. An affirmation of its forecast was a $22.4 billion deal with Lion Air, the Indonesian carrier. PT Lion...
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Boeing (NYSE: BA) officials say that the world will need 33,500 large aircraft between now and 2030. That is a very precise number given that no one knows what will happen to the world economy over...
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AMRAMR, parent of American Air, wants to cut 13,000 jobs, lower pay for other workers, void airplane leases and cut creditor obligations. Delta (NYSE: DAL) and US Air (NYSE: LCC) want to buy AMR. The...
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Airbus delivered more aircraft than Boeing (NYSE: BA) did last year. Delays in delivery of the 787 Dreamliner have cost Boeing sales. Now, it must recover in a period in which high fuel costs and a...
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The recent bankruptcy filing by AMR Corp. (NYSE: AMR), parent of American Airlines, has put a damper on any enthusiasm there might have been among investors for US airlines stocks. A report yesterday...
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Many American companies have done incredibly well this year. A number posted extraordinary financial results in 2011. Others have launched products that revolutionized markets. Of course, many big...
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Cost increases and flat cargo traffic are expected to cut airline profits in half in 2012, from $6.9 billion in 2011 to $3.5 billion in 2012. Profit margin is expected to fall from 1.2% this year to...
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American Airlines parent AMR (NYSE: AMR) has entered Chapter 11 and begun tense talks with its pilots. New carrier United Continental (NYSE: UAL) was granted a certificate from the FAA to begin...
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The news flow around the AMR Corporation (NYSE: AMR) filing for bankruptcy is rampant. Some say it was expected and others believe it was premature. The aim to work its cost structure, but this...
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AMR (NYSE: AMR), the parent of American Airlines, has filed Chapter 11. The move has been expected for some time, as the company has struggled with labor costs, jet fuel, and a large debt load. The...
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The International Air Transport Association (IATA) reports that air freight volume fell by 4.7% in October, compared with the same month a year ago. Passenger traffic increased by 3.6% in the same...
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Southwest Airlines Co. (NYSE: LUV) is now sometimes considered a discount carrier and sometimes considered a legacy carrier, but it still has among the most loyal customer base and it seems to be the...
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Big retailer earnings due this week. Earnings from Dell (NASDAQ: DELL), Target (NYSE: TGT) and Walmart (NYSE: WMT) are due this week. The numbers from Target and Walmart, particularly their...
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