| Sign the Real Economy Remains Weak: Cargo Declines Continue In the latest sign that the real economy remains very weak and that recovery is tepid at best, the Air Transportation Association of America reported their 13th consecutive month of declines in air cargo. Airline cargo was down 12% year over year for the month of September. ATA CEO James May notes, that while many other industries are seeing signs of recovery, the airline industry in general remains very weak and is showing few signs of recovery. The ATA reports: Complete Story » seekingalpha.com |
Allegiant Travel Company Q4 2009 Earnings Call Transcript Allegiant Travel Company (ALGT)Q4 2009 Earnings CallJanuary 26, 2010 12:00 pm ETComplete Story » seekingalpha.com |
Plug-In Vehicles: The First Great Fraud of the New Millennium John Petersen submits:Albert Einstein once said, "If you can't explain it simply, you don't understand it well enough." So when the editor of Batteries International asked if I could present my analysis of plug-in vehicles in two pages and prove my numbers in a way that any open-minded adult could follow, understand and verify with an Internet search engine, I jumped at the challenge. The article was published yesterday in their Winter Edition. Since the numbers have profound implications for the energy storage sector and an expected flurry of ill-conceived electric vehicle projects like the planned Tesla Motors IPO, I've decided to reprint the article here and then offer some thoughts and observations on what the numbers mean for prudent investors.Complete Story » seekingalpha.com |
At Kennedy, a Rebuilt Runway and Sighs of Relief After four months and $376 million in renovations, airport officials were pleased to report few problems. nytimes.com |
GM Likely to File for IPO This Week to Repay Debt Zacks.com submits: According to reports, General Motors (MTLQQ.PK) or GM is likely to file its paperwork for an IPO this week as government ownership is hurting the company's public image. The news leaked soon after the company’s Chief Executive Officer, Ed Whitacre, announced its decision to step down from its position for undisclosed reasons. Dan Akerson, a telecoms and finance veteran, will replace him on Sep 1. Complete Story » seekingalpha.com |