Airlines turn to cargo for revenue as U.S. Senate nears industry aid vote
Delta Air Lines Inc and Air New Zealand Ltd said they would offer cargo charter services on passenger planes to boost revenue as the U.S. Senate neared a vote on a bill to give its carriers $58 billion in aid, including payroll support......»»
United Airlines Posts Strong Profits Despite MAX Headwinds
United Airlines' (NASDAQ: UAL) fourth-quarter cargo revenue fell 5.4% from a year ago to $316 million, but overall revenue was up 3.8% to $10.9 billion and the carrier reported diluted earnings per share of $2.53, which was up nearly 50% .....»»
Commentary: Air Cargo Looks For Lift In 2020
Air cargo industry forecasts for 2020 are now out and company revenue budgets are.....»»
As United Airlines seals CEO succession plan, eyes turn to American
With United Airlines Holdings Inc unveiling on Thursday plans for industry veteran Scott Kirby to take the helm as chief executive officer next year, investors are turning to succession plans at another carrier: American Airlines Group Inc ......»»
United Airlines Sees Friendly Skies Ahead
United Airlines (NASDAQ: UAL) reported cargo revenue dipped 4.7% to $282 million year-over-yea.....»»
Industry nears deal on trash collection
After months of haggling over how to haul millions of tons of garbage from New York’s streets, the city could vote on a new plan as early as this month. New legislation would carve the city into zones where three trucking companies would be allo.....»»
Delta Posts Strong Income Gains Despite Slump In Cargo Revenue
Delta Airlines' cargo revenue dropped 37% to $189 million in the third quarter and year-to-date is o.....»»
Delta Posts Strong Income Gains Despite Slump In Cargo Revenue
Delta Airlines' cargo revenue dropped 37% to $189 million in the third quarter and year-to-date is off 13% to $567 million compared to the same period last year due to lower volumes and yield, the company reported Thursday. read more.....»»
Freightos Looks To Bring United Airlines Air Cargo Service Online
Freightos, the software as a service (SaaS) platform for the freight industry, is building an online pricing and booking platform for air cargo for one the biggest airlines in the world. read more.....»»
Two top KCI airlines raise fares in first "substantive" increase this year
The bumps come just as summer travel season nears, though the price increases are $5 one way. Industry analysts expect other carriers to raise their fares, too......»»
American Airlines Analyst Cuts Estimates On Weaker Cargo Revenue, MAX Fleet Grounding
American Airlines Group Inc (NASDAQ: AAL) provided a first-quarter guidance update Tuesday that was neutral to slightly positive, according to Raymond.....»»
Senate Republicans force a vote on Green New Deal
Senate Republicans are forcing a vote on the Green New Deal as they seek to turn the Democrats' comprehensive climate change proposal into a wedge issue in the 2020 elections......»»
Southwest Airlines lowers financial expectations after fatal accident causes fewer bookings
In wake of softer bookings after Flight 1380, Southwest Airlines Co. (NYSE: LUV) lowered its second quarter financial expectations in a Monday morning filing. The Dallas-based carrier expects a key financial metric for the airline industry, revenue per .....»»
Medill News Service: Self-driving car testing bill may get Senate vote
An industry-backed bill to speed up the rollout of automated vehicles may get a Senate vote after months of delay......»»
FBI Investigation Delays Vote on Kavanaugh
The fight over Supreme Court nominee Brett Kavanaugh took another unexpected turn when Sen. Jeff Flake forced a delay of up to one week on a Senate vote, to allow the FBI time to investigate allegations of sexual assault against the judge......»»
Kavanaugh Nomination Odds Soar As Key Vote Nears
Senate Judiciary Committe Chairman Chuck Grassley (IA) and Senate Majority Leader Mitch McConnell (R-KY) are holding a press conference along with.....»»
Senate confirms new consumer financial protection chief: Kathy Kraninger, protege of industry-friendly Mick Mulvaney
The Senate, in a party-line vote Thursday, conf.....»»
United Airlines Reports Full-Year and Fourth-Quarter 2018 Performance
CHICAGO, Jan. 15, 2019 /PRNewswire/ --Â In a departure from industry trends, United (UAL) announced today that its fourth-quarter unit revenue came in at the high end of its guidance range and also exceeded its full-year adjusted diluted earnings per.....»»
Airlines, too, are hit when government workers are grounded
The industry as a whole lost about $105 million in revenue in the first month of the shutdown, according to data from the consulting firm ICF. That figure represents only the loss of revenue from some government employees not taking work trips......»»
Senators Press Drug-Company Executives Over Prices
Leaders from seven drugmakers representing $140 billion in U.S. revenue defended their pricing in a Senate hearing that showcased bipartisan support for what would be some of the most significant changes to the industry in decades......»»
AtlantiCare CEO on $1B plan to double revenue, partnerships with Drexel and Oracle
AtlantiCare unveiled a $1 billion plan last month to more than double health system's revenue to $2 billion, expand life expectancy in the community it serves and establish a medical school in New Jersey to diversify the industry's talent pipeline......»»