More than a year after their merger, the two carriers are just one Sometime around 2 a.m. this Saturday morning, the long-familiar name of Continental Airlines will fly no more. The Continental name has already been airbrushed off (or however planes get repainted these days) the aircraft themselves, but now it’s also coming off the …
Higher revenues and lower aircraft maintenance costs are driving NetJets’ profitability despite slower aircraft sales, says NetJets parent company Berkshire Hathaway. NetJets reported pretax earnings were up 10% to $227 million in 2011, a performance that Berkshire Hathaway Chairman Warren Buffett says was particularly impressive because sales of new aircraft shares were slow during most …
Frontier Airlines has no hedges in place on fuel for this year, but the CEO of parent company Republic Airways says he is confident the low-cost carrier subsidiary has reduced its costs and improved its revenue enough to make a profit even if jet fuel prices average $3.50 per gallon this year. Republic’s current plan …
The phone rang — it was my dad, and it was bad news. “I’m standing on the sand,” he said, using a phone borrowed from the resident of a Malibu beach house. “I’m looking up the hill and the fire’s heading right for our house. The guys fighting it on the ground can’t get in …
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