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Posts Tagged ‘ Ata ’

Airing It Out

Jun 6th, 2008 | By Andrew Gordon | Category: Oil Investment & Alternative Energy

I can’t think of a sector more vulnerable to soaring oil prices than the airlines. Every dollar increase in the price of a barrel of jet fuel adds more than $1.3 million to the daily operating expenses of the U.S. airlines industry. 



Continental Jettisons United, Eos Grounded; Domestic Airline Woes Escalate

Apr 29th, 2008 | By Jennifer Yousfi | Category: Stock Market Investing

Continental Airlines Inc. (CAL) said it would forgo a merger with UAL Corp.’s (UAUA) United Airlines unit, while all-business-class carrier Eos Airlines Inc. ceased operations after filing for bankruptcy protection.



More Airline M&A Expected on Heels of Delta’s $3.63 Billion Northwest Acquisition

Apr 15th, 2008 | By Mike Caggeso | Category: Stock Market Investing

Delta Air Lines Inc. (DAL) and Northwest Airlines Corp. (NWA) are now officially one company, and together now represent the world’s largest airline carrier.