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Stock Market & Financial Investment News

News Breaks
March 7, 2013
08:04 EDTHAHawaiian Holdings reports February traffic statistics
Reports February passengers up 6.9% to 751,091 from 702,890; Reports February RPMs up 21.8% to 992,093 from 814,343; Reports February ASMs up 24.6% to 1.22M from 982,571; Reports February load factor down 1.9 percentage points to 81% from 82.9%.
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May 10, 2013
06:47 EDTHADelta says airlines have new priorities, NY Times reports
Delta Air Lines' bright, spacious new terminal at New York's Kennedy Airport reflects airlines' new emphasis on better amenities and service, Delta stated, according to the New York Times. The airlines, whose finances have improved, are no longer competing primarily based on price, the newspaper stated. Reference Link
May 8, 2013
05:44 EDTHAU.S. airlines' restructuring means less routes, WSJ reports
A decade of restructuring in the U.S. airline industry has resulted in a sharp reduction in air service that is curtailing traveler choice and some local economies even as it improves the industry's health, an MIT study shows, reports the Wall Street Journal. From 2007 through last year, U.S. airlines cut the number of scheduled domestic flights by 14%. The number of seats offered fell by slightly less, as airlines pushed passengers onto bigger planes, says the study. Reference Link

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