UAL Corporation Q3 2009 (Qtr End 9/30/09) Earnings Call Transcript
UAL Corporation (UAUA)Q3 2009 Earnings CallOctober 20, 2009 2:00 pm ETComplete Story » seekingalpha.com |
Mortgage Debt Is Still the Main Show
Economic Disconnect submits: Friday was another wild day out there!That had to be the first 3 day losing streak for the new bull market in some time. I will have more to say about this below, but it was almost surreal to see indices move down after almost a year of vertical moonshot.Complete Story » seekingalpha.com |
GOL Linhas Soars Past Q4 Estimates
Zacks.com submits: GOL Linhas Aéreas Inteligentes S.A. (GOL) reported results for the fourth quarter of 2009. During the quarter, net revenues were R$1,617.6 million, up from R$1,548.6 million in the year-ago quarter. During the quarter, GOL posted operating income of R$119.2 million, with an operating margin of 7.4%, 121.2% up from R$53.9 million and 3.5% margin in the year-ago quarter.Complete Story » seekingalpha.com |
On Airlines and Lines
Wall Street Post Game submits: So I have been traveling this week (as has Gad) which has limited time for writing. It has, however, allowed for a fair amount of time to think — and experience — airports and lines. Coincidently, the Wall Street Journal’s Middle Seat column discusses how airlines are charging for the privilege of not waiting (A New Low in Airline Fees: $10 to Cut in Line, Jun 24). Most notable here is American Airline’s (AMR) recent announcement of a new fee that lets customers board in Group 1 — which puts passengers after those with high frequent flyer status but before the rest of those in coach. Why are they doing it? Because people are willing to pay up for priority.“You avoid congestion. People like that. People don’t like standing in line,” said Daniel Garton, executive vice president for marketing at AMR Corp.’s American Airlines.Complete Story » seekingalpha.com |
Textainer Continues to Perform Despite Tough Dry-Freight Market
Wall Street Cheat Sheet submits: Earnings: Q2 profits of $0.51 vs. $0.50 consensus and $0.65 in Q2 last year [see call transcript]. Revenue: Up 37% YoY to $74.5 million vs. $69 million consensus.Complete Story » seekingalpha.com |