| Airline Stocks Have Been Soaring Larry MacDonald submits: An article today on breakingviews.com about the airline sector reminded me of my post earlier this year suggesting the Claymore/NYSE Arca Airline ETF (FAA) as a speculative buy. Let’s check in with the industry to see what’s up these days. Complete Story » seekingalpha.com |
Ford Gets Swedish Suitor for Volvo Zacks.com submits: Ford Motor Co. (F) has received a third bid for its Volvo unit from a Swedish consortium, Konsortium Jakob AB. The consortium has been formed on an initiative from the engineers' trade union at Volvo cars. The consortium has posed a challenge to Chinese carmaker Zhejiang Geely Holding Group, the foremost bidder for Volvo, by submitting a cash bid to Ford. Last week, Ford received another bid from Crown consortium, a group led by former Ford executives, for its Volvo unit. This consortium is led by Ford’s former director, Michael Dingman, and former executive of both Ford and Chrysler, Shamel Rushwin.Complete Story » seekingalpha.com |
American Commercial Lines Inc. Q4 2009 Earnings Call Transcript American Commercial Lines Inc. (ACLI)Q4 2009 Earnings CallFebruary 09, 2010 10:00 am ETComplete Story » seekingalpha.com |
United Airlines Sees April Traffic Hike Zacks.com submits: United Airlines, a wholly owned subsidiary of UAL Corporation (UAUA), announced on Monday a 0.6% year-over-year increase in its February traffic, measured by revenue passenger miles. Capacity, measured by available seat miles, declined 1.2% from the prior-year quarter, leading to a 150 basis point increase in load factor, or average occupancy, to 81.4% from 79.9% in the year-ago period. For the second quarter 2010, available seat miles are expected to be up in the 0.3−1.3% range. United Airlines saw a 23% increase in unit revenue, measured by passenger revenue per available seat mile (PRASM), a key metric in airlines. This was in line with management’s expectations. Reductions in available seat miles or capacity due to volcanic eruptions during the month of April also boosted PRASM. Complete Story » seekingalpha.com |
Alaska Air Group, Inc. Q2 2010 Earnings Call Transcript Alaska Air Group, Inc. (ALK)Q2 2010 Earnings Call July 22, 2010 11:30 a.m. ETComplete Story » seekingalpha.com |