by | Oct 21, 2010 | Towing
United Airlines and Continental Airlines reported healthy third-quarter earnings thanks to higher ticket prices and stronger demand for air travel.
United reported earnings of $2.12 per share, excluding some items, Bloomberg News said. Continental’s earnings were $2.24 a share.
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Growing demand for air travel means airlines can raise ticket prices without scaring away customers.
The…
Continue reading United, Continental See Earnings Jump on Demand for Travel
United, Continental See Earnings Jump on Demand for Travel originally appeared on DailyFinance on Thu, 21 Oct 2010 08:55:00.
Filed Under: Company News, Earnings
by | Oct 19, 2010 | Towing
Delayed flights cost the U.S. economy a total of $32.9 billion every year, according to a new study of domestic flights.
More than half that figure is money out of the pockets of passengers, who are forced to spend money on items including food and hotel rooms while they wait for their plane, according to a report commissioned by the Federal Aviation Administration.
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Airlines lose…
Continue reading Delayed Flights Cost U.S. Economy $32.9 Billion a Year
Delayed Flights Cost U.S. Economy $32.9 Billion a Year originally appeared on DailyFinance on Tue, 19 Oct 2010 07:16:00.
Filed Under: Company News, Retail
by | Oct 11, 2010 | Towing
Virgin Galactic, which aims to be the world’s first commercial space carrier, successfully tested its suborbital spaceship, Enterprise.
Enterprise made its first solo test flight in California on Sunday, BBC News reported. The spaceship was carried to 45,000 feet by a plane, then dropped to glide back to earth.
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Virgin Galactic plans to charge $200,000 to take passengers on short…
Continue reading Virgin Galactic Tests Suborbital Spaceship
Virgin Galactic Tests Suborbital Spaceship originally appeared on DailyFinance on Mon, 11 Oct 2010 09:08:00.
Filed Under: Company News, Technology
by | Oct 5, 2010 | Towing
In 1999, Priceline saw its stock surge to absurd heights before it had earned a cent in profit, and after the bubble burst, it lost more than 99% of its value. But from that low, the discount travel site began a hard journey to…
by | Sep 28, 2010 | Towing
The long-awaited Boeing 787 Dreamliner will be ready for service early next year.
Rolls-Royce, which supplies some of the engines used in the 787 Dreamliner, will meet with Boeing (BA) this week to work out plans to recover from an engine blow-out last month, Bloomberg News said.
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The plan will allow the 787 Dreamliner to enter service on schedule.
“Rolls is stepping up, and we’ll…
Continue reading 787 Dreamliner Will be Ready Early 2011
787 Dreamliner Will be Ready Early 2011 originally appeared on DailyFinance on Tue, 28 Sep 2010 06:50:00.
Filed Under: Energy, Company News, Technology, Boeing, Green
