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Posts Tagged ‘ United Airlines ’

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. 



Global Investing Roundups: Friday, June 6th, 2008

Jun 6th, 2008 | By William Patalon III | Category: International Investing

Continental’s Cost Cuts; Possible Eurozone Telecom Merger; Rising Tide of Foreclosures; Jobless Claims Drop; Inflation Controls Threaten China Stocks; Honeywell Shot Full of Holes; Dupont’s Bumper Crop; Novartis on the Guard Against Influenza.



Inflation Hasn’t Yet Reached the Wild Levels of the 70’s

Jun 5th, 2008 | By Dan Denning | Category: Politics & Economics

Zzzzzzzzzzzzzzz. Today’s market action offers us a simple lesson: markets better than governments.



‘Silent Spring’ Already Setting In

Jun 4th, 2008 | By Dave Gonigam | Category: Politics & Economics

I have to admit when Byron King made his “silent spring” prediction last month — a severe curtailment in air travel as early as next spring because of fuel prices, including an estimate that 70% of U.S. airports are at risk of losing commercial passenger service — I was a bit skeptical.



Can the Jet Set Reform Itself?

Jun 3rd, 2008 | By Andrew Gordon | Category: Oil Investment & Alternative Energy

The airline industry is a mess. Things are so out of whack that one airliner, American Airlines, announced last week that it was going to charge for the baggage that passengers check.



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.