Transportation
Transportation Articles
This afternoon after the market closes, we’ll get to see earnings out of Priceline.com Inc. (NASDAQ: PCLN). The estimates from First Call for the online travel company are $0.84 EPS on $329.3...
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Northwest (NYSE: NWA) and Delta (NYSE: DAL) are getting very close to announcing a merger. According to the FT "the airlines may clinch the landmark accord as early as mid-February, the people said,...
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Southwest Airlines Co. (NYSE: LUV) has not been doing well as a stock. Over the last two years its stock has lost nearly one-third of its value. Even over the last 5-year period, its stock has...
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Late delivery of the Dreamliner is catching up with Boeing (BA). According to the FT "Qantas’s contractual arrangements with Boeing provided for the ability to claim damages in certain...
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Perhaps the people at Delta (DAL) did not get the memo. The reasons for airline mergers seem to be a bit soft. While there may be come savings in cutting ground crews and reservations people,...
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The Wall Street Journal has announced that there may be (actually it says "near announcing") some new delays out of Boeing (NYSE: BA) on its 787 Dreamiliner. We first noted that the Boeing...
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The dumb money in the market is betting that one or two mergers will save air carriers like United (UAUA), Delta (DAL), and Northwest (NWA) from high fuel costs and a flagging economy. Since 2002,...
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After airline stocks took a nearly unprecedented beating during the last few weeks on concerns about higher fuel costs and a falling economy, they rallied like mad yesterday. Some of its may be that...
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The end of the year has turned out well for Boeing (BA). British Airways has put in an order for twenty-four 787 Dreamliners. The face value of the order is $4.4 billion, according to Reuters....
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Union Pacific Corp. (NYSE:UNP) has just lowered earnings guidance for its fourth quarter 2007. It said earnings will be reduced by approximately $0.20 per diluted share. This warning is two-fold:...
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According to a report in The New York Times, German airline giant Lufthansa will buy 20% of US discount ariline JetBlue (JBLU). JetBlue shares are up almost 14% on the news, trading at $7.12, still...
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Herb Kelleher, the legendary CEO of Southwest Air (LUV), is retired now. He made his reputation as the best airline executive of the last 25 years by setting up a low cost airline that beat larger...
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There are numerous articles on the web today discussing how Airbus’ parent EADS may cut its $3 Billion R&D budget. It isn’t the maximization of technology. It isn’t a slowing economy. ...
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Delta Air Lines (NYSE:DAL) has canned the notions and the reports on Wall Street and Main Street that it is in merger dicusssions with United Airlines’ parent UAL Corp. (NASDAQ:UAUA). Wall...
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According to several media reports, Delta (DAL) may be considering a merger with United Airlines (UAUA). According to The Wall Street Journal "hedge fund Pardus Capital Management LP, which has...
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