Transportation
Transportation Articles
Aloha Airgroup has filed for Chapter 11 citing high fuel prices and falling fares. With oil at $100 and both competition and a poor economy warring with ticket prices, the question is "who is next?"...
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FedEx Corp. (NYSE: FDX) has just posted earnings of $1.26 EPS on 9.44 Billion in revenues, while First Call had estimates at $1.23 EPS on $9.148 Billion in revenues. FedEx’s guidance is a bit of a...
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Forget about mergers. The US airline industry just has to stay afloat. Rising fuel costs and a recession that will keep people off airplanes like a SARS epidemic have hit the industry mercilessly in...
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Thursday we’ll see earnings out of FedEx Corporation (NYSE: FDX). The estimates from First Call are $1.22 EPS on $9.11 billion in revenues. Next quarter estimates are $1.95 EPS on $9.45 billion...
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The fight over pilot seniority at Delta (DAL) and NWA (NWA) has threatened to kill a merger again. A strike by pilots would do substantial damage to the finances of a new company. Maybe pilots are...
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CSX Corp. (NYSE: CSX) has made several announcements this morning for shareholder initiatives. The railroad giant sees first quarter 2008 EPS at $0.74 to $0.77 EPS and put full-year EPS at $3.40 to...
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Southwest Air (NYSE: LUV) responded today to preliminary findings of its internal investigation over safety allegations. It looks like the allegations over safety and inspection incidents had some...
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The airline industry has periods when more big carriers seem to be in Chapter 11 than not. Another such period may not be that far off. Right now, the news about the industry centers around...
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Late word is that Delta (NYSE: DAL) and Northwest (NYSE: NWA) pilots have re-started talks about seniority in a combined airline. Failure of negotiations helped kill earlier merger talks between the...
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The captain of a commercial airline is in charge, no matter what. If things don’t work out, the blame often falls to him. Airline pilots have taken that principle all the way to controlling the...
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Earl Wayne Garrison, Chairman of J B Hunt Transport Services, Inc. (NASADAQ: JBHT), just disclosed in an SEC filing that he made a sale of common stock in the company. It wasn’t a small drop in...
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Japan Airlines management is so upset about delays in the Boeing (NYSE: BA) 787 that it may turn to Airbus for planes. According to Reuters "JAL, which had planned to buy 55 787 planes, favoring...
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The pilots fly the planes and it looks like they also set the course for big airline mergers as well. A combination of Northwest Airlines (NYSE: NWA) and Delta (NYSE: DAL) is being held up because...
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Depending on which rumor is true, Delta (NYSE: DAL) may merge with Northwest (NYSE: NWA), or United (NASDAQ: UAUA). The math behind airline mergers doesn’t add up, and the fact that the two most...
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Priceline.com Inc. (NASDAQ: PCLN) just posted non-GAAP EPS of $0.96 EPS on $334.9 million in revenues, while the estimates from First Call for the online travel company were $0.84 EPS on $329.3...
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