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Entries Tagged ‘American Airlines’

How should American taxpayers feel about the decision of the U.S. Treasury to send $100 billion of newly minted FED money to nine of Wall Street’s biggest banks?

Perhaps this new strategy is an improvement upon last week’s Treasury brainstorms, but it is still $100 billion of inflation stimulating money that would not be needed if Wall Street had been a proper steward of its trust.
In evaluating the plan, Americans need to understand what $100 billion dollars buys in the real world [...]

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WSJ BLOG: Can British Airways Save American Airlines?

WSJ BLOG: Can British Airways Save American Airlines?
Last Update: 6/20/2008 3:36:22 PM
(This story has been posted on The Wall Street Journal Online’s Deal Journal blog
at blogs.wsj.com/deals.)
Posted by Heidi N. Moore
The answer to that question, by the way, is “probably not.”
Call it the consolidation that wasn’t.
After Delta Air Lines Inc. (DAL) and [...]

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Fuel Prices Pressure Airlines To Cut Capacity; Shares Plunge

Fuel Prices Pressure Airlines To Cut Capacity; Shares Plunge
Last Update: 5/21/2008 5:51:31 PM
By Ann Keeton
Of DOW JONES NEWSWIRES
The dramatic impact that fuel prices are having on U.S. airlines came into
sharper focus Wednesday as the world’s largest airline slashed its flight
schedule and shares for several carriers plunged to multi-year [...]

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Airline stocks get a boost from stronger dollar, falling oil

NEW YORK (MarketWatch) — A stronger dollar was putting pressure on oil prices
Thursday, and that was translated into solid gains for airline stocks. The Amex
Airline Index rose 1.2% to 23.73 points with nine of its 14 components trading
higher. Crude for June delivery dropped 41 cents to $113.05 a barrel in
electronic trading, thanks to a strengthening [...]

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Stocks in focus for Monday; Grainger, Philips, Eaton

SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to
see active trade in Monday’s session are W.W. Grainger Inc., Philips Electronics
NV and Eaton Corp.
W.W. Grainger (GWW) is expected to report first-quarter earnings of $1.37 a
share, according to analysts surveyed by FactSet Research.
Philips (PHG) is forecast to post earnings of 40 cents a U.S. [...]

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