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airlines Articles
All of the fuel-hedging, layoffs, capacity and route-cutting the airline industry did last year in an attempt to offset the rising price of fuel has gone for nothing. Delta (DAL) announced today that...
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The first week of May, crude moved around just over $50. Today it traded just above $69, a 38% increase over that period. Airline stocks have reacted badly to the news. No wonder, the International...
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The International Air Transport Association has doubled its estimates for global airline industry losses compared to its figure of three months ago. That presages another round of carrier...
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Reuters: 3D is bringing a new dimension to the computer world. Reuters: The Supreme Court was asked to block Chrysler sale. Reuters: China bankers called for US sales of yuan bonds....
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The International Air Transport Association says that its forecast that the world’s airlines will loss $4.7 billion this year appears to be much too low. Passenger and freight loads are still well...
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Reuters: GM and Chrysler said closing dealers was essential to their restructuring. Reuters: The Justice Department is probing big tech employee recruiting. Reuters: Medical bills...
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JetBlue Airways Corporation (NASDAQ: JBLU) has announced that it intends to offer some 20 million shares of common stock. It also plans to offer an aggregate of $150 million in convertible...
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British Airways posted a deficit for its most recent fiscal year. The company lost $595 million. Part of that was because fuel costs rose 45% to more than $4 billion. Fuel costs may have been a...
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Twelve of the Fortune 500 CEOs are women. Just twelve. Over the next year, that number is likely to go up considerably because of a confluence of economic and financial factors that have not existed...
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According to Reuters, lenders will object to the Chrysler Chapter 11 filing. Reuters reports that Switzerland is asking US a court to halt a case against UBS (UBS). Reuters reports that SMFG will...
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Airlines are getting hit hard this morning before the open on two issues: swine flu and an analyst downgrade. UBS has downgraded the US legacy airline sector in a broad call and the impact on some...
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Southwest Airlines Co, (NYSE: LUV) is getting to see some selling this morning after its earnings report. Actually, that is after its losses. Southwest is not used to this and you can’t help...
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A number of well-known brands disappeared in the last year in large part due to economic forces. Many of them were in the retail industry, led by Circuit City. ATA and Aloha airlines are gone....
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AMR Corp. (NYSE:AMR) and unions representing pilots, flight attendants and maintenance workers at its American Airlines subsidiary are locked in labor negotiations that are growing increasingly...
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Many people who fly on airplanes do not like it one bit. Some of these are claustrophobic while others object to the fact that they are not allowed to smoke at 37,000 feet anymore. But, the...
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