Transportation
Transportation Articles
In Thursday's trading, all the major airlines hit new 52-week highs following positive earnings reports from United Continental and Southwest Airlines.
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United Continental and Southwest Airlines both reported fourth-quarter and full-year earnings before markets opened on Thursday.
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Credit Suisse is maintaining a bullish case for rail transportation despite the 55% drop in crude oil prices since last July.
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Despite the massive gains in airline stocks made thus far, Credit Suisse still found the risk versus reward relationship favorable for investors due to that falling crude oil trend.
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IdeaWorksCompany has announced its list of the five airlines that have demonstrated "the greatest prowess in the areas of ancillary revenue, a la carte pricing, and loyalty marketing."
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Some industry observers believe that the economic recovery has allowed the airlines to jack up ticket prices as more people fly.
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The International Air Transport Association has projected that airlines' profitability in 2014 would rise to $19.9 billion from $18.0 billion in 2013.
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A new research note from UBS cites the fact that the airlines still have considerable pricing power, and the analysts see corporate travel and spending remaining very firm during 2015.
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Azul S.A. has filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering.
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The Transportation Safety Administration reported that officials who examine luggage seized 50 firearms last week. It is a wonder that anyone believes he or she can get a gun onto a plane....
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eHi Car Services has announced that its IPO of 10 million American depositary shares are expected to enter the market Tuesday morning.
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Virgin America set its price as $23 for its initial public offering Friday morning. Over 13 million shares were registered.
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The runs in airline stocks have been so strong over the past month or so that one question has to be asked: Have they run up too much?
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Intrepid Aviation has filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering.
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Aside from the cost of a ticket, airlines passengers are bedeviled by all sorts of fees, such as charges for food, baggage, better legroom and pillows and blankets.
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