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  • Delta Air Lines beats by $0.05 [View news story]
    Incredible. What are the bashers and short guys saying now?
    Oct 22 10:12 AM | Likes Like |Link to Comment
  • Senator Charles Schumer wants airlines to reverse their steep increase on flight change fees after Delta Air Lines (DAL -0.5%), United Airlines (UAL -1.1%), American Airlines (AAMRQ.PK), and U.S. Airways (LCC -0.6%) all bumped off their charge to $200 from $150. Last year, the top airlines collected $2.6B in reservation change fees which accounted for a decent portion of the overall growth in the industry. [View news story]
    Thought we went through deregulation in 1978....
    Some of our politicians want to control everything.
    Anybody really think Schumer, and many others, supports the concepts of capitalism, free enterprise or balancing the books?

    Guess we should just turn over all aspects of our economy to the government, as they have such an excellent track record of budgeting and running viable businesses.
    May 20 12:16 PM | Likes Like |Link to Comment
  • Endeavour Silver (EXK -2.9%) opens sharply lower after reporting Q1 earnings fell 27% and adjusted earnings tumbled 34%, hurt by lower realized gold and silver prices. Revenue actually rose 43% to $69.9M on 1.515M silver oz. and 15,724 gold oz. sold. Cash flow from operations slipped 8%. EXK also says it expects Q2 production to dip “slightly” before recovering in Q3 and growing in Q4. [View news story]
    Thinking the stock price already has been driven down to reflect the decline in silver.
    May 7 02:50 PM | 1 Like Like |Link to Comment
  • The squeaky wheel gets the grease as the U.S. House votes to approve a bill to end the furlough of FAA employees. Those that bought airline stocks (FAA) on Monday when overwrought reports of long delays at U.S. airports rattled the sector made a good call. [View news story]
    Think Obama will sign it?
    Apr 27 11:27 AM | Likes Like |Link to Comment
  • Senators from both parties have introduced legislation aimed at easing the airport congestion and flight delays caused by sequestration. One bill would give the Department of Transportation and FAA the ability to move funds between different accounts in order to reduce the furloughs for air-traffic controllers. The leaves of absence have so far been distributed evenly among all controllers, regardless of whether they work at busy or quiet airports. [View news story]
    Would passengers happily contribute one more dollar to keep their flight running on time if they knew it would go to the controllers?
    Maybe this idea is part of the "behind the scenes" agenda that will soon emerge.
    Apr 25 12:53 PM | Likes Like |Link to Comment
  • Senators from both parties have introduced legislation aimed at easing the airport congestion and flight delays caused by sequestration. One bill would give the Department of Transportation and FAA the ability to move funds between different accounts in order to reduce the furloughs for air-traffic controllers. The leaves of absence have so far been distributed evenly among all controllers, regardless of whether they work at busy or quiet airports. [View news story]
    Anybody ever wonder why government does not reallocate a little of the over 10 Billion dollars in the aviation trust fund (paid by airlines and passengers) and fix this now.

    The following is straight from the FAA website linked below.

    The Trust Fund's purpose was to establish sources of funding that would increase concurrently with the use of the system, and assure timely and long-term commitments to capacity increases. The Trust Fund was designed to finance investments in the airport and airway system and, to the extent funds were available, cover the operating costs of the airway system as well.

    http://1.usa.gov/XWxr6w
    Apr 25 12:50 PM | Likes Like |Link to Comment
  • The airline industry (FAA) doesn't think carriers should be fined by the DOT for tarmac delays due to the reduced number of air traffic controllers working this week following mandated furloughs. Two industry groups have filed a motion asking the DOT to suspend the three-year old tarmac rule. [View news story]
    Anybody ever wonder why government does not free up some of the over 10 Billion in the aviation trust fund (paid by airlines and passengers) and fix this now.

    The following is straight from the FAA website linked below.

    The Trust Fund's purpose was to establish sources of funding that would increase concurrently with the use of the system, and assure timely and long-term commitments to capacity increases. The Trust Fund was designed to finance investments in the airport and airway system and, to the extent funds were available, cover the operating costs of the airway system as well.

    http://1.usa.gov/XWxr6w
    Apr 24 09:26 AM | 2 Likes Like |Link to Comment
  • The airline industry (FAA) doesn't think carriers should be fined by the DOT for tarmac delays due to the reduced number of air traffic controllers working this week following mandated furloughs. Two industry groups have filed a motion asking the DOT to suspend the three-year old tarmac rule. [View news story]
    The problem is that airlines under current FAA guidelines have little idea when they will be able to taxi from the gate. They must be boarded and ready for instantaneous release.
    There is no mechanism in place for the FAA to advise each flight an accurate taxi time so they can avoid inconveniencing the passenger.
    The scheduling mechanism in place are airline schedules, that the FAA is obliged, by definition of their charter, to support.
    This is totally a FAA and administration created problem. A definitive point is being made with the airlines as to whom is really in control.
    Pure and simple, our government is again obstructing free enterprise and holding airline and passengers hostage in pursuit of an not-so-hidden agenda.
    Apr 24 09:22 AM | Likes Like |Link to Comment
  • Delta Air Lines (DAL): Q1 EPS of $0.10 beats by $0.03. Revenue of $8.5B misses by $0.01B. (PR[View news story]
    Good EPS beat. If gov't succeeds in keeping our questionably false economy going, it could be a very profitable year assuming same gov't does not screw the airlines with controller cutbacks. Remember 1980 and Reagan controller firings? Nightmare for airlines/employees.

    Gotta wonder if Trainer is ever gonna contribute.
    Any further word on Ruggles and why he left? Have heard nothing.
    Apr 23 10:46 AM | Likes Like |Link to Comment
  • Airliner headache: FAA chief Michael Huerta warns significant flight delays could be seen as air traffic control furloughs begin on April 21. It's unlikely travelers will enjoy the process as busy airports may be forced to close runways and open fewer security screening lines. [View news story]
    Herta will bear the blame. It is administration policy of max exposure and pain infliction to force the press and people take notice.
    Interestingly. we the people probably just spent more money in overtime and other extra costs tracking down the Boston terrorroists than it would cost to continue manning the ATC control facilities for a year.
    Apr 19 10:21 AM | Likes Like |Link to Comment
  • Airliner headache: FAA chief Michael Huerta warns significant flight delays could be seen as air traffic control furloughs begin on April 21. It's unlikely travelers will enjoy the process as busy airports may be forced to close runways and open fewer security screening lines. [View news story]
    A competent, independent, unbiased press corps would absolutely roast an administration abusing their power in this fashion.
    If it were an administration of another party doing this, imagine how it would be received and covered.
    The press is "in the bag", so the administration continues to get away with it whatever it wants, leading the uninformed, ignorant masses to believe planes will stop flying if tax revenues are not increased.
    Apr 17 03:16 PM | 2 Likes Like |Link to Comment
  • The SEC reportedly is investigating Silvercorp Metals (SVM -9.2%) and has issued a subpoena requesting all documentation relating to the miner’s long-running battle with short sellers. SVM has denied any wrongdoing, but the subpoena, issued March 15, is the first indication U.S. securities regulators are actively investigating the Canadian company. [View news story]
    The article sounds as if it was written by Jon Carnes.

    http://bit.ly/Z71Ivr
    Apr 2 06:53 PM | 2 Likes Like |Link to Comment
  • The SEC reportedly is investigating Silvercorp Metals (SVM -9.2%) and has issued a subpoena requesting all documentation relating to the miner’s long-running battle with short sellers. SVM has denied any wrongdoing, but the subpoena, issued March 15, is the first indication U.S. securities regulators are actively investigating the Canadian company. [View news story]
    How much do you think Jon Carnes and the boys spent on the placement of this article?
    Apr 2 06:48 PM | 2 Likes Like |Link to Comment
  • Silvercorp Management Misled Investors With A False Cash Flow Forecast And Delayed Negative News [View article]
    Took mine off too.
    Mar 14 12:19 PM | Likes Like |Link to Comment
  • Hecla Mining - Shareholders Overreact As Company Makes A Bid For Aurizon [View article]
    It is very predictable to see a value decline with this prospective deal. Who in their right mind is going to significantly buy before details are released. All the price pressure is on the down side.
    This significant shareholder, as I expect are most others, is holding.
    Am expecting a nice rebound in not to distant future.
    Mar 7 04:53 PM | 1 Like Like |Link to Comment
COMMENTS STATS
19 Comments
31 Likes