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Archive for the 'airlines' Tag

Leaving some wiggle room at United …

Tuesday, August 24th, 2010

When United Airlines (UAUA) and Continental (CAL) were rumored to be tying up, we took a look at the sweet change-in-control benefits that United executives stood to receive. After some brouhaha, it was announced that United’s chairman and chief executive, Glenn Tilton would forego big chunks of that, which got a little attention as well. [...]

Footnoted frequent flyer files for Chapter 11

Wednesday, January 6th, 2010

Yesterday, Mesa Air Group (MESA) announced that it was filing for Chapter 11. Here’s a snip from a statement made by Chairman and CEO Jonathan Ornstein in yesterday’s press release: “Over the past two years, we have worked closely with our lessors, creditors and other constituents to restructure our financial obligations. These efforts have led [...]

Airlines feeding frenzy on fees…

Friday, July 31st, 2009

Earlier this week, I bought an airline ticket to Washington for a meeting next week. In the past, I’ve taken Amtrak or my new favorite, Bolt Bus, but flying — even booking just a week in advance — was actually $100 cheaper than the train and a lot quicker than the bus. Unfortunately this morning, [...]

Taking off at Northwest and Continental..

Monday, May 19th, 2008

It’s no secret that most of the major airlines are a bit of a mess, what with the poor economy, rising fuel prices, lots of layoffs and declining customer service, as I footnoted here. And the stocks of various airlines, as reflected by this index are clearly in the dumps. Despite this, two major carriers [...]

On AMR: We hate to say we told you so…

Wednesday, April 9th, 2008

Nearly seven weeks ago, we footnoted about what seemed like an interesting disclosure at AMR (AMR), the parent company for American Airlines, which disclosed a sizable increase in the number of airworthiness directives it had received in its 2007 10-K. At the time, the stock was trading at around $14.50 a share. Fast forward to [...]