by | Oct 25, 2010 | Towing
Japan and the U.S. signed a treaty that will reduce barriers to flights between the countries and encourage collaboration between the countries’ airlines, Bloomberg News reported.
“I am optimistic that we will see an increase in the numbers of passengers traveling between our countries,” said U.S. Ambassador John Roos, after signing the treaty in Tokyo.
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The treaty will reduce…
Continue reading Japan, U.S. Sign Treaty to Boost Air Travel
Japan, U.S. Sign Treaty to Boost Air Travel originally appeared on DailyFinance on Mon, 25 Oct 2010 08:47:00.
Filed Under: Company News, Stocks in the News
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 12, 2010 | Towing
Amtrak set an annual ridership record of 28.7 million passengers for the fiscal year ended September 30. That’s 5.7% more than in fiscal 2009.
Ticket revenue rose 9% to $1.74 billion, Amtrak said in a statement.
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High gasoline prices and an improved economy helped buoy results, Amtrak said.
“More and more people see passenger rail as a way to get to where they need to go,” said CEO…
Continue reading Amtrak Reports Record Passenger Numbers
Amtrak Reports Record Passenger Numbers originally appeared on DailyFinance on Tue, 12 Oct 2010 06:30:00.
Filed Under: Energy, Company News, Technology, Economy, Taxes, Retail
by | Oct 10, 2010 | Towing
Big-picture research is still alive and well at Google. Tapping engineers from the government’s Defense Advanced Research Projects Agency challenges, it has developed self-driving cars — and has already tested them on 14,000 m…
