Transportation
Transportation Articles
Two of the US’s largest airlines reported earnings today, Delta Air Lines Inc. (NYSE: DAL) and US Airways Group Inc. (NYSE: LCC), and both showed a profit thanks to mark-to-market gains on fuel...
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Aircraft maker Boeing Co. (NYSE: BA) reported first quarter earnings this morning that handily beat expectations for EPS and revenues. EPS came in at $1.22 on revenue of $19.4 billion, compared with...
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If any of the major US railroads needed a good quarter, it was Canadian Pacific Railway Ltd. (NYSE: CP). The company has been fighting a running battle with activist investor William Ackman for over...
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US railroads have suffered from the warm winter with falling volume on coal transportation, but rising prices for gasoline and diesel fuel have bumped up container (intermodal) traffic and taken much...
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Aircraft maker Boeing Co. (NYSE: BA) reported this morning that it delivered 137 new commercial airliners in the first calendar quarter of the year, a jump of 32% over the 104 commercial aircraft it...
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AMRThe Airline Quality Report reached its 22nd anniversary when it was issued recently. Its rankings are based on an extremely complex system, but the outcome for 2011 was easily described: The...
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AMRAnother airline has filed Chapter 11. This time it is Pinnacle Airlines (NASDAQ: PNCL), a small U.S. carrier. The firm announced that it will continue to operate. Most airlines use the Chapter 11...
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Berkshire Hathaway Inc. (NYSE: BRK-B) may have been hoping that a review of the credit ratings of its Burlington Northern Santa Fe railroad unit would be given a credit upgrade. That is not the...
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Boeing Co. (NYSE: BA) has confirmed that China Eastern Airlines Ltd. (NYSE: CEA) has cancelled its previous order for 24 of Boeing’s 787 Dreamliner aircraft, replacing the order with another for 45...
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JetBlue Airways Corporation (NASDAQ: JBLU) is probably going to come out of this crazy pilot scandal OK. That is what shares are indicating with a gain of nearly 2%. In something almost...
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AMRBloomberg reports that US Airways (NYSE: LCC) has approached unsecured creditors of American Airlines parent AMR about buying the airline as its leaves bankruptcy. AMR management says it plans...
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AMRThe International Air Transport Association released figures recently that show it expects profits among its member airlines and air cargo carriers to fall precipitously this year compared...
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The International Air Transport Association, the airline industry’s large association, has nearly given up on the chance that the industry will make any money this year. The organization expects...
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CIA World FactbookThe Indian government claims that Boeing (NYSE: BA) owes it $500 million for the late delivery of planes. The aircraft in question is the Boeing 787 Dreamliner, which was delayed...
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Two brand new planes — the Boeing (NYSE: BA) 787 Dreamliner and Airbus super jumbo A380 — have developed cracks. It is an extraordinary piece of news, given the years it took to design, build...
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