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Southwest Airlines (LUV)

Southwest Airlines Co. said fourth-quarter profit rose 13 percent to $131 million, or 18 cents a share, from $116 million, or 16 cents, a year earlier, Excluding one-time costs, the airline had a profit of 15 cents a share, meeting the average of 14 analyst estimates compiled by Bloomberg.
The results show more people are flying as economy improves.

Jan 20 · 4:44:00 PM
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by Larry Etter

GE (GE)

GE Capital, Franchise Finance announced today that it is providing $15.3 million in financing to a large Hardee’s® franchisee, Paradigm Investment Group, LLC. The credit facility includes a $10.3 million term loan and a $5 million development line of credit.

Jan 20 · 4:12:00 PM
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by Larry Etter

GE (GE)

GE's GE Transportation has announced a Letter of Intent (LOI) with China's Ministry of Railways valued at $1.4 billion, including $350 million for export in locomotives, locomotive sub-assembly kits, service support and railway signaling systems.
These exports have the potential to sustain or create approximately 2,000 high-tech manufacturing jobs in the U.S.

Jan 20 · 4:08:00 PM
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by Larry Etter

Southwest Airlines (LUV)

Southwest Airlines's CEO said Thursday he would be comfortable operating three different aircraft types. Southwest is the largest 737 customer with a fleet of almost 550, and will acquire Boeing's smaller 717 plane when it buys AirTran Holdings Inc. (AAI), a deal seen closing in the second quarter.
This move intensifies pressure on Boeing Co. to decide whether to revamp its best-selling 737 or replace it with an all-new plane.

Jan 20 · 3:54:00 PM
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by Larry Etter

US Airways (LCC)

UAL Corporation (NASDAQ:UAUA0, the parent of United Airlines, and US Airways (NYSE:LCC) are in talks to merge, in a potential deal that would create one of the world’s largest airlines, people briefed on the matter told the New York Times DealBook on Wednesday. United and US Airways are deep in their merger discussions, though a transaction is not expected to be announced for at least several weeks.
Terms of the deal could not be learned. One issue being worked on is the management structure of the combined company. With both leisure and business travel down steeply, many analysts have argued that the United States still has too many airlines chasing too few passengers.

Apr 7 · 9:09:00 PM · Source: The New York Times
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by Steve Wieczorek

Republic Airways (RJET)

Employees and supporters of Frontier Airlines are worried Republic Airways (NASDAQ:RJET) may ditch the name and "spokesanimals" when the company decides on a new brand for its subsidiaries next month, according to 9News.com. A group, calling itself "Keep the Frontier Brand and Animals!!!" on Facebook, brought forward close to 150 Frontier employees Thursday afternoon. It marched from the State Capitol in Denver, CO to the 16th Street Mall and back to rally support for Frontier's name and more than 60 animals including "Larry the Lynx" and "Grizwald the Bear," who are featured on the planes' tails.
Protestors say they are worried that if the name and animals are permanently grounded, the employees will have to start from the ground up to build trust, loyalty and reputation. "We can't start over with a generic brand," Frontier pilot and rally organizer Janet Elliott said. "This truly is a family, and you really don't see that with any other airline." Republic Airways bought Frontier Airlines last year in a bankruptcy auction for $108.8 million and moved its hub to Indianapolis. It also purchased Midwest Airlines and said it wants to re-brand the whole fleet.

Mar 26 · 1:09:00 PM · Source: 9News.com
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by Steve Wieczorek

AMR (AMR)

The Allied Pilots Association (APA), certified collective bargaining agent for the 11,500 pilots of American Airlines (NYSE: AMR), voiced its support for H.R.4788, the "Aviation Jobs Outsourcing Prevention Act", according to TradingMarkets.com. Introduced earlier this month by U.S. Rep. Timothy Bishop (D-NY), the bill would establish job protections for U.S. workers by placing limits on alliances between two or more airlines, or between a domestic carrier and a foreign carrier.
The bill's language stipulates that the U.S. Department of Transportation could "end approval of any agreement, request or modification that provides for or permits the sharing or pooling of revenue or profits between participating carriers."

Mar 26 · 12:22:00 PM · Source: TradingMarkets.com
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by Steve Wieczorek

SkyWest (SKYW)

Shares of SkyWest, Inc. (NASDAQ:SKYW) closed the trading session at $14.64 placing the price action in a very tight range, given that calculated support is set at $14.31 and the calculated resistance based on an algorithm of peaks and troughs is set at $15.07, according to TradersHuddle.com. SkyWest, Inc. operates SkyWest Airlines and ASA Airlines that offer scheduled passenger service to destinations in the United States, Canada, Mexico and the Caribbean for major airlines Delta, United and AirTran.
SkyWest's stock price action indicates that both sellers and buyers are materializing very close to each other, which is indicative to a momentum building area, as the stock can resolve by breaking out of the tight range that developed. According to TradersHuddle.com individuals wanting to establish a position should place close attention to SkyWest's price action, as any movement outside its predefined range of $14.31 and $15.07 could grab the attention of momentum buyers, looking for a big movement in the price of the stock.

Mar 26 · 12:14:00 PM · Source: TradersHuddle.com
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by Steve Wieczorek

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