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earnings

Boom times for big US airlines: $3.9 billion in 2Q profits

FORT WORTH, Texas (AP) — Compared with their checkered track record, major airlines are enjoying boom times. Planes are full, and jet fuel is still much cheaper than it was last year. The four biggest U.S. carriers just reported a collective second-quarter profit of $3.9 billion. And yet investors seem …

The Party’s Over in Alaska – Bloomberg

On an early morning in late March, a Beechcraft turboprop plane takes off from Juneau, Alaska, the only U.S. state capital not accessible by road. As the aircraft heads north over America’s largest national forest to Fairbanks, 700 miles away, Alaska Governor Bill Walker yawns and stretches his long legs. Across …

Carnival results still affected by earlier mishaps

NEW YORK (AP) — Lingering images of passengers stranded at sea for days as toilets back up and air conditioners fail has been enough to keep vacationers away from Carnival Cruise Lines, even as the company continues to discount sailings. The cruise industry has mostly rebounded from the economic downturn …