New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 10, 2014
12:54 EDTUAL, DLAKY, AFLYY, AAR, IAG, BAIRY, AAWWUnited, Atlas Air, British Airways among airlines fined by COMCO
Switzerland's Competition Commission, or COMCO, prohibits a price cartel in the context of air freight. Between 2000 and 2005 several airlines agreed on certain elements of the price for air freight transport. The COMCO fined the airlines 11 million Swiss Francs in total in connection with the agreement. The investigation of the Competition Commission revealed that the airlines had agreed on freight rates, fuel surcharges, war risk surcharges, customs clearance surcharges for the U.S. and the commissioning of surcharges. All those elements are part of the price that is charged for air freight transport. This is a horizontal price agreement case.The COMCO fines the following airlines: Korean Air Lines Co. Ltd., Atlas Air Worldwide Holdings (AAWW), AMR Corporation (AAR), United Continental Holdings (UAL), SAS AB, Japan Airlines Co., Ltd., Singapore Airlines Limited, Cathay Pacific Airways Limited, Cargolux Airlines International S. A., British Airways Plc (BAIRY) and Air France-KLM SA (AFLYY). The Deutsche Lufthansa AG, as part of the cartel, triggered the legal proceedings by self-denunciation. Thus this airline benefits from complete immunity from the sanction. As subsidiary of the Deutsche Lufthansa AG (DLAKY), Swiss International Air Lines AG also benefits from full immunity from the sanction. After the initiation of the legal proceedings, British Airways Plc., Cathay Pacific Airways Limited, Japan Airlines Co., Ltd., Air France-KLM SA and Cargolux Airlines International S.A. submitted leniency applications. These leniency applicants benefit from substantial reductions of the sanctions. Reference Link
News For AFLYY;AAWW;IAG;DLAKY;BAIRY;AAR;UAL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
May 21, 2015
09:03 EDTUALOptions expected to be active
Subscribe for More Information
08:28 EDTUALAirline fundamental outlook little changed despite selloff, says Cowen
Subscribe for More Information
05:56 EDTUALStocks with implied volatility movement; AAL UAL
Stocks with implied volatility movement; American Airlines (AAL) 40, United Continental (UAL) 39 according to iVolatility.
May 20, 2015
16:00 EDTUALOptions Update; May 20, 2015
iPath S&P 500 VIX Short-Term Futures up 3c to 19.19. Option volume leaders: AAPL AAL YHOO DAL FB BABA UAL BAC TWTR LUV C TSLA GE MU
15:43 EDTUALAirlines fall as analysts grapple with concerns over capacity growth
Subscribe for More Information
13:07 EDTUALUnited Continental volatility increases as shares pullback
Subscribe for More Information
10:01 EDTUALOptions with increasing volume: DAL LUV AAL UAL SAVE ALK JBLU
May 19, 2015
08:23 EDTUALSenate Commerce, Science & Transportation Committee to hold a hearing
Subscribe for More Information
07:11 EDTUALWolfe Research to hold a conference
Subscribe for More Information
May 18, 2015
06:09 EDTUALTrade group sees airlines carrying record passenger loads this summer, WSJ says
Subscribe for More Information
May 15, 2015
16:28 EDTUALAppaloosa Management gives quarterly update on stakes
Subscribe for More Information
07:56 EDTUALNational Press Club to hold a luncheon meeting
Subscribe for More Information
May 14, 2015
18:30 EDTUALUnited Airlines launches security flaw 'bounty' program
Subscribe for More Information
13:19 EDTUALUnited Continental sees FY15 capacity up 1%-2% y/y, non-fuel CASM flat to up 1%
Says plans to improve long-term shareholder value include: Optimizing network and maintaining capacity discipline, executing on revenue initiatives, growing CASM less than inflation, balancing cash flow allocation. Current network priorities include: Growing capacity in line with demand, re-allocating assets across network to reflect changing demand levels due to low oil, strong U.S. dollar, utilizing flexible fleet plan, focusing capacity growth in high-yield corporate markets. Sees FY15 capacity growth 1%-2% y/y. Says on track to achieve $1B in non-fuel annual savings by 2017. Sees CapEx averaging $2.7B-$2.9B over next 3-4 years. Plans to achieve ~$15B gross debt target, improve leverage ratios. Sees FY15 non-fuel CASM flat to up 1%. Comments from slides that will be presented at the Bank of America Merrill Lynch Transportation Conference.
06:26 EDTUALAerCap to lease up to 25 planes to United Continental, Reuters says
AerCap (AER) will lease up to 25 planes to United Continental (UAL), the airlines announced yesterday, according to Reuters. Eleven of the planes will be delivered over the next two years, and the airlines can lease up to 14 more through 2020, subject to certain conditions, the news service stated. Reference Link
06:14 EDTUALQatar Airways CEO accuse US airlines of using 'bullying tactics', Bloomberg says
Subscribe for More Information
May 11, 2015
08:02 EDTUALUnited removes autistic teen from flight, mother says will sue, ABC News says
An Oregon woman, her husband, and their autistic daughter were removed from a United Airlines flight to Portland after the plane made an emergency landing in Salt Lake City. The woman claims the flight crew discriminated against her daughter for being autistic and she intends to sue the airline, reports ABC News. Reference Link
07:28 EDTUALUnited Continental raises Q2 average fuel price per gallon view to $2.17-$2.22
Subscribe for More Information
May 8, 2015
17:02 EDTUALUnited Continental reports April traffic up 0.4%, capacity up 2.7%
Subscribe for More Information
15:07 EDTUALThe National Press Club holds a luncheon meeting
The National Press Club holds a Luncheon Meeting with guest speakers Richard Anderson, CEO of Delta Air Lines, W. Douglas Parker, CEO of American Airlines Group and Jeff Smisek, CEO of United Airlines to speak jointly on "Restoring Fair Competition to the Skies" in Washington,D.C. on May 15 at 12:30 pm.
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use