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Last summer, the airline industry looked like it was heading toward another rash of bankruptcies. Fuel costs were at record levels because of $147 oil. The economic slowdown was already reducing...
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It seems that the insatiable growth in online travel bookings might have reached the point that the crumbling economy has caught up to it. It seems that the name your own or bid your own prices at...
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Losing money and announcing layoffs is becoming more and more routine. That holds true even for DJIA components. The Boeing Co. (NYSE: BA) posted a $56 million loss for its Q4 period along with a...
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The airline industry keeps drawing the short straw. A year ago, the carriers were being pounded by high jet fuel price due to rocketing crude. Now the price of oil is down by 75%, and the cost of...
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Jet fuel prices dropped in November as did passenger traffic. Just this last summer, people were flying but the cost of fuel was pushing big carriers toward bankruptcy. Fuel prices were such an issue...
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With oil prices dropping, the cost of jet fuel is down by more than 50%. That makes the rush to merge airlines which accelerated earlier this year look like an idea whose time came and then went....
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______________________________________________________________Airline Industry 2009 Recovery – MAYBE – By Robert Herbst Only weeks ago due to the unprecedented rise in fuel costs, analysts were ...
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Southwest Airlines Co. (NYSE: LUV) has announced its first efforts to go cross-border to our closest neighbor to the south. The discount airline carrier intends to build a codeshare partnership with...
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One of the recurring themes found in the history of the airline industry is the ability of carriers to go into Chapter 11 often emerging with little debt and fewer employees. Aloha Air, ATA, and...
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AMR Corporation (NYSE: AMR) has posted a net profit of $45 million for the third quarter, which generated earnings at $0.17 EPS. Be advised that this gain does include sale gains and other items. ...
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If you were against airline mergers, you might be preaching to the deaf now. Northwest Airlines Corporation (NYSE: NWA) has voted in favor its merger with Delta Air Lines (NYSE: DAL). Delta has...
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UAL Corporation (NASDAQ: UAUA) is seeing a major volume surge right before the open. We are seeing already some 300,000 shares trade hands with a gain of 7% to $11.76. This is a twofold issue...
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UAL Corp. (NASDAQ: UAUA) shares were halted after what seemed to be a sudden and massive mystery stock tank to most observers. There were erroneous reports circulating that the legacy airline...
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Alitalia went belly up over the weekend. The causes were the same as for most recent airline failures. Fuel is too high, and do are debt-loads. Passenger traffic is being undermined by a slowing...
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The head of the International Air Transport Association thinks that the plight of the airline industry will get worse before its gets better. He believes that losses among carriers could hit over $6...
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