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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......»»

Category: topSource: reutersMar 25th, 2020

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% .....»»

Category: earningsSource: benzingaJan 22nd, 2020

Commentary: Air Cargo Looks For Lift In 2020

Air cargo industry forecasts for 2020 are now out and company revenue budgets are.....»»

Category: blogSource: benzingaDec 27th, 2019

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 ......»»

Category: topSource: reutersDec 6th, 2019

United Airlines Sees Friendly Skies Ahead

United Airlines (NASDAQ: UAL) reported cargo revenue dipped 4.7% to $282 million year-over-yea.....»»

Category: earningsSource: benzingaOct 16th, 2019

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.....»»

Category: realestateSource: realestateweeklyOct 15th, 2019

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.....»»

Category: earningsSource: benzingaOct 10th, 2019

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.....»»

Category: blogSource: benzingaOct 10th, 2019

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.....»»

Category: blogSource: benzingaJul 16th, 2019

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......»»

Category: topSource: bizjournalsMay 10th, 2019

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.....»»

Category: blogSource: benzingaApr 10th, 2019

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......»»

Category: topSource: foxnewsMar 26th, 2019

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 .....»»

Category: topSource: bizjournalsJun 4th, 2018

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......»»

Category: topSource: marketwatchJul 27th, 2018

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......»»

Category: asiaSource: wsjSep 29th, 2018

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.....»»

Category: blogSource: zerohedgeOct 4th, 2018

Senate confirms new consumer financial protection chief: Kathy Kraninger, protege of industry-friendly Mick Mulvaney

The Senate, in a party-line vote Thursday, conf.....»»

Category: topSource: latimesDec 6th, 2018

United Airlines Reports Full-Year and Fourth-Quarter 2018 Performance

CHICAGO, Jan. 15, 2019 /PRNewswire/ -- 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.....»»

Category: earningsSource: benzingaJan 15th, 2019

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......»»

Category: topSource: bizjournalsJan 24th, 2019

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......»»

Category: smallbizSource: wsjFeb 27th, 2019

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......»»

Category: topSource: bizjournals8 hr. 14 min. ago