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17 HOURS AGO - TheStreet

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Why JetBlue CEO Dave Barger Was Chased Out by Wall Street

New York (TheStreet)a- JetBlue asaid Thursday that Dave Barger, its embattled CEO who has been under pressure from Wall Street, will step down in in five months when his contract expires. The iconoclastic consumer-friendly carrier, founded in 1998, has had just two CEOs in its history, and now both have been hounded out of office by Wall Street investment banks ...

Tags: Why JetBlue CEO Dave Barger Was Chased Out by Wall Street,  Boeing 787 Latest News

SEP 17, 2014 - TheStreet

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American Air: Our Industry Is Great but for Congress and Virgin

DALLAS (TheStreet) -- American Airlines'a two top officers spoke out from opposite ends of the country on Wednesday, as both CEO Doug Parker and President Scott Kirby applauded the current state of the airline industry but said a few kinks still need to be worked out. Parker, who spoke at an "aviation summit" in Washington, D.C. that was sponsored by ...

Tags: American Air: Our Industry Is Great but for Congress and Virgin,  Boeing 787 Latest News

SEP 17, 2014 - TheStreet

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FedEx Beats Estimates as Three Key Divisions Show Growth

MEMPHIS, Tenn. (TheStreet) -- Restructuring FedEx beat estimates as all three of its transportation segments showed year-over-year improvements. The overnight package company said Wednesday that it earned $606 million, or $2.10 a share, in the fiscal first quarter ended Aug. 31. Analysts surveyed by Thomson Reuters had estimated profit at $1.96 a share. Revenue rose 6% to $11.7 billion. Analysts ...

Tags: FedEx Beats Estimates as Three Key Divisions Show Growth,  Boeing 787 Latest News

SEP 17, 2014 - TheStreet

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Check Out Spirit's New Design - or Is That Hughes Air West?

MIRAMAR, Fla. (TheStreet) -- Last week Southwest and Frontier unveiled new paint schemes, so now it is Spirit's time -- and Spirit went retro. By retro we mean back to the 1970s, when Hughes Air West served the West Coast with a fleet of bright yellow airplanes, including Boeing 727s and Douglas DC-9s. Here is the new look airplane Spirit ...

Tags: Check Out Spirit's New Design - or Is That Hughes Air West?,  Boeing 787 Latest News

SEP 12, 2014 - Business Insider

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Boeing Refutes Al Jazeera's Disturbing Claims About Production Of The 787 Dreamliner

In a new Al Jazeera documentary, "Broken Dreams: Boeing 787," the news organization's investigative unit goes behind the scenes of Boeing's manufacturing operations and makes some serious allegations about the company and its 787 Dreamliner aircraft. In the report, which aired this week on Al Jazeera America, anonymous Boeing employees called into question Boeing's quality control standards, and claimed that ...

Tags: Boeing Refutes Al Jazeera's Disturbing Claims About Production Of The 787 Dreamliner,  Boeing 787 Latest News