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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....
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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...
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The airline industry has recovered solidly from a string of losing quarters, but it now faces another issue brought on by the discovery last week of an explosive device in an air-cargo shipment...
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Today’s earnings reports from Boeing Co. (NYSE: BA) and three airlines have put a little jet fuel into the market. Delta Air Lines, Inc. (NYSE: DAL), US Airways Group, Inc. (NYSE: LCC), and AMR...
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AirlineFinancials.com estimates the nine largest US airlines, starting next week, will collectively report $2.4 billion in profits from $33.3 billion in revenues. The average net profit margin is...
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Online travel sites have been on fire and a trend of airline consolidation mergers has been very good to the travel and leisure sector in transportation. But what happens when United States...
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Today marks the game-changing merger of Continental and United and the two are one as United Continental Holdings Inc. (NYSE: UAL). America’s new #1 airline will have a long integration ahead of...
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An industry that goes through a series of mergers usually has several losers, and suppliers are almost always among them. Northwest has merged with Delta (NYSE: DAL) and United with Continental...
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The Southwest (NYSE: LUV) plan to buy AirTran (NYSE: AAI) for a 60% premium has pushed up the stock prices of all the small carriers. JetBlue (NASDAQ: JBLU) was up less than 6% at $6.29, which is a...
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Airlines will make mammoth profits this year. The International Air Transport Association (IATA) revised its forecasts for the global industry higher–to $8.9 billion. In June, its forecast was only...
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By Robert Herbst One of the most frequent questions I get asked during interviews is: “Why is the airline industry doing so poorly?” There can be a long list of answers to that question depending...
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Customer satisfaction among travelers who fly on low-cost carriers is substantially higher than for people who use traditional airlines. JetBlue (NASDAQ: JBLU) tops a recent evaluation of service...
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By Robert Herbst Coming next month AirlineFinancials.com estimates US Airways (LCC) will report an all time record 3rd quarter profit of $225 million from $3.2 billion in projected operating...
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It has become clear that jobs in some industries may never come back or if they do it will take years or decades for a recovery. 24/7 Wall St. examined the Bureau of Labor Statistics’ “Employment...
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Airlines that used to offer free baggage service and food now charge for those services along with almost everything else a passenger would want. Soon there will be a toll to go to in-flight toilets....
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