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  • Airline stocks soar as American, United add back flights

    06/05/2020 10:29:19 AM PDT · by DallasBiff · 6 replies
    Fox Business ^ | 6/5/20 | Ken Martin
    United Airlines also announced plans to add back flights, saying it will resume about 130 nonstop routes in July that were suspended when travel collapsed as the coronavirus spread rapidly. American said it plans to operate 55 percent of the U.S. flights that it ran in July 2019. The airline only operated 20 percent of its schedule in April and May.
  • Warren Buffett gave airlines another go. Coronavirus was a problem he couldn’t stomach

    05/03/2020 4:22:56 PM PDT · by Capt. Tom · 23 replies
    CNBC ^ | Sun, May 3 2020 | Leslie Josephs
    A 95% plunge in passengers. Billions in losses. A rush for new debt. A recovery that executives expect to take years. Coronavirus is roiling the airline industry and the Oracle of Omaha has seen enough. Warren Buffett told investors Saturday that Berkshire Hathaway has sold its entire stakes in the four largest U.S. airlines — American, Delta, Southwest, United — as the pandemic upends another bet on the sector that the famed investor had shunned for years before a surprise return in 2016. “And it turned out I was wrong about that business because of something that was not in...
  • Separate and Unequal - why’d the media roast McKinney and let Rohrabacher walk? (Barf?)

    09/27/2002 12:56:26 PM PDT · by Timesink · 6 replies · 189+ views
    Orange County Weekly ^ | September 27 - October 3, 2002 | R. Scott Moxley
    September 27 - October 3, 2002 Separate and Unequal On the Mideast controversy, Georgia Democrat Cynthia McKinney and our own Dana Rohrabacher are virtually identical. So why’d the media roast McKinney and let Dana walk? by R. Scott Moxley At a casual glance, Congress members Cynthia McKinney and Dana Rohrabacher have nothing in common. McKinney is a 47-year-old liberal, black Democrat from rural Georgia. She wears her hair in cornrows, enjoys hip-hop and talks about the federal government’s neglect of the underclass. Rohrabacher, 55, is a conservative, pale-skinned Republican from coastal Huntington Beach. He barely has hair, sings folk...
  • Another Pro Football League Is Born. Will It Outdo the (Short-Lived) Others? - Game 1 Saturday?

    02/07/2019 10:16:42 PM PST · by cba123 · 24 replies
    New York Times ^ | 2/5/2019 | Victor Mather
    The most recent, less than Super Bowl notwithstanding, the N.F.L. continues to be a behemoth, dominating the sports landscape in revenue, attendance and television ratings. That popularity has over the years tempted entrepreneurs to try to cash in by starting professional football leagues of their own. The latest effort is the Alliance of American Football, which plays its first games on Saturday. There have been plenty of pretenders to the N.F.L.’s crown over the years. None have succeeded, but all had their share of novelty. (Please see link for full article) Some history of other competitors, follows that...
  • Airlines Face Acute Shortage of Pilots

    11/12/2012 8:46:40 AM PST · by george76 · 32 replies
    wsj ^ | November 11, 2012 | SUSAN CAREY, JACK NICAS and ANDY PASZTOR
    U.S. airlines are facing what threatens to be their most serious pilot shortage since the 1960s, with higher experience requirements for new hires about to take hold just as the industry braces for a wave of retirements. Federal mandates taking effect next summer will require all newly hired pilots to have at least 1,500 hours of prior flight experience—six times the current minimum—raising the cost and time to train new fliers in an era when pay cuts and more-demanding schedules already have made the profession less attractive. Meanwhile, thousands of senior pilots at major airlines soon will start hitting the...