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Editorial Results (free)

1. Airlines Report Big Second-Quarter Profits -

Investing in airlines has long been the butt of jokes, especially when many U.S. carriers traipsed through bankruptcy court in the past decade.

Now riding a post-merger tide of higher fares and stable fuel costs, those same airlines are piling up profits – and sharing the newfound riches with investors.

2. Light and Dark -

WHEN STORIES ARE TOLD IN THE DARK, LEAVE A LIGHT ON. As I watch what leads the local TV news – basically a visual evening recap of whatever that day’s monitoring of police scanners and chasing sirens can produce – and what passes for TV reporting – basically an evening twist to whatever might be salacious or sensational in that morning’s paper – I wonder if all of our better angels have left town.

3. Proposal: Airlines Openly Disclose Seat, Bag Fees -

WASHINGTON (AP) – Passengers love the idea, but airlines hate it. The government wants to require that travelers be told upfront about basic services that aren't included in the price of a ticket and how much extra they'll cost.

4. Southwest CEO Vows to Fix On-Time Problem -

Southwest Airlines is falling behind other airlines when it comes to arriving on time, and the carrier plans to tinker with its flight schedule to fix that.

CEO Gary Kelly says the airline will add a few minutes between some flights, and it will be more cautious about selling itineraries with tight connections between flights.

5. Southwest CEO Vows to Fix On-Time Problem -

Southwest Airlines is falling behind other airlines when it comes to arriving on time, and the carrier plans to tinker with its flight schedule to fix that.

CEO Gary Kelly says the airline will add a few minutes between some flights, and it will be more cautious about selling itineraries with tight connections between flights.

6. Airfares Continue to Rise, Up 12 Percent Since 2009 -

NEW YORK (AP) – The price of flying continues to climb, with the average domestic roundtrip ticket, including tax, reaching $363.42 last year, up more than $7 from the prior year.

The 2 percent increase outpaced inflation, which stood at 1.5 percent for the year, and represents the fourth consecutive year fliers have faced price hikes.

7. More Flights Running Late in Latest US Figures -

Airlines are falling behind when it comes to keeping flights on schedule, but fewer passengers are complaining to the government.

The U.S. Department of Transportation said Tuesday that 83.5 percent of domestic flights arrived on time in November, down from 84.1 percent in October and 85.7 percent a year earlier, in November 2012.

8. With Vacationers Home, Airlines Boost On-Time Mark -

Airlines are doing a better job of staying on schedule now that fewer people are flying.

The U.S. Department of Transportation said Wednesday that 83.8 percent of domestic flights arrived on time in September, slightly better than September 2012's 83.3 percent rate. It was a bigger improvement over July and August, when summer vacationers packed the nation's airports and about one in four flights arrived late.

9. Summer Travel Forecast: Better, but No Blowout -

NEW YORK (AP) – This summer, high rollers are flying to lavish hot spots for their vacations. The rest of us are driving to less luxurious places like nearby campgrounds.

The good news: At some U.S. campgrounds these days you get live bands, air guitar contests and chocolate pudding slip 'n slides.

10. Storm Leads Companies to Postpone Earnings Reports -

NEW YORK (AP) – A number of major U.S. companies postponed quarterly earnings reports scheduled for Monday and Tuesday, as Hurricane Sandy barreled into the East Coast and caused the first unplanned shutdown of financial markets since 2001.

11. Hill Joins Barge, Waggoner, Sumner & Cannon as CFO -

Certified Public Accountant Jason Hill has joined engineering and architectural firm Barge, Waggoner, Sumner & Cannon Inc. as chief financial officer.

12. Pinnacle's Chapter 11 Filing Could Mean Predictable Turnaround -

As Pinnacle Airlines Corp. moves from restructuring to bankruptcy reorganization, an already complex corporate turnaround is about to get much more complex.

13. Pinnacle NASDAQ Delisting Next Move In Reorganization -

Stock in Memphis-based Pinnacle Airlines Corp. will be delisted from the NASDAQ stock market starting at the opening on business Wednesday, April 11.

14. Thanksgiving Air Travel Forecast: Full Flights -

WASHINGTON (AP) – Passengers may have to compete with slightly fewer people getting to the airport this Thanksgiving, but flights will be as full as ever, airline industry officials said Thursday.

15. Pinnacle Moves Mesaba’s HQ to Memphis -

Memphis-based Pinnacle Airlines Corp. took another step in a plan to consolidate its three distinct regional air carriers into two brand names this week with word that Mesaba Aviation Inc. will close its headquarters in Eagan, Minn.

16. Airlines Hike Fares for 1st Time Since Summer -

NEW YORK (AP) – Holiday travelers may want to lock in airfares now, because they're going up.

Major airlines are joining in the first widespread airfare increase since early August. The hike was initiated by Delta Air Lines Inc. late Tuesday when it raised fares by $4 to $10 on roundtrip flights across most of its U.S. routes, according to Rick Seaney of Farecompare.com. Soon after, United Continental Holdings Inc. matched the increases.

17. Summit Touts Return of Demand -

“Demand is back” was the theme at the ninth annual Southern Lodging Summit held Downtown this week at The Peabody hotel and the Memphis Cook Convention Center.

Hoteliers and industry execs gathered for the 2011 Summit, which was organized by the Metropolitan Memphis Hotel & Lodging Association and hotel consulting firm Pinkowski & Co.

18. Daily News Garners Eight TPA Awards -

The Daily News and sister publication The Memphis News won eight honors in the University of Tennessee-Tennessee Press Association awards announced Friday, July 15, at the annual TPA convention in Nashville.

19. Gov't Wants to Know All the Fees Airlines Charging -

WASHINGTON (AP) – Five dollars for a pillow, $10 to jump ahead in the boarding line – all those annoying airline fees can add up.

Now the Department of Transportation is proposing that airlines tell it – and the public – exactly how much they're making on those fees. And, rule proposed Friday by the department would require airlines to break down those fees by the type of item or service purchased, from pillows and blankets to entertainment and snacks.

20. Pinnacle Increases Working Capital for Colgan -

Memphis-based Pinnacle Airlines Corp. has made two moves designed to increase working capital of the Pinnacle subsidiary Colgan Air Inc.

21. US Airlines Make Money Again by Flying Less -

DALLAS (AP) – After a decade of multibillion-dollar losses, U.S. airlines appear to be on course to prosper for years to come for a simple reason: They are flying less.

By grounding planes and eliminating flights, airlines have cut costs and pushed fares higher. As the global economy rebounds, travel demand is rising and planes are as full as they've been in years.

22. Airport Taps Pickering for $7M Project -

The Memphis-Shelby County Airport Authority on Thursday took an important step toward improving the parking apron that surrounds the airport’s terminal.

Memphis International Airport’s board of commissioners approved a $7 million contract amendment to Pickering Firm Inc. to design and manage reconstruction of the terminal apron, the surface area where airplanes park during boarding.

23. Regulator Faults Wall Street Banks on Derivatives -

WASHINGTON (AP) - Wall Street banks are seeking exemptions to proposed new financial derivatives rules that could shield more than half the trades that should be subject to disclosure, a federal regulator said Thursday.

24. Pinnacle Reports 153% Income Increase -

Memphis-based Pinnacle Airlines Corp. appears to have successfully navigated the nationwide downturn in air travel by reporting fourth-quarter 2009 net income of $5.6 million and fully diluted earnings per share of $0.31.

25. Union: Pinnacle, Other Regional Airlines Pressuring Pilots -

WASHINGTON (AP) - The regional airline that operated a plane that crashed and killed 50 people in upstate New York has been pushing pilots to fly even if they say they are too sick or too tired, a union official told Congress on Wednesday.

26. Union: Regional Airlines Pressure Pilots -

WASHINGTON (AP) — The regional airline that operated a plane that crashed and killed 50 people in upstate New York has been pushing pilots to fly even if they say they are too sick or too tired, a union official told Congress on Wednesday.

27. US Airlines Report More Flights on Time in April -

NEW YORK (AP) - Flights on U.S. airlines were on time more frequently in April than the month before and improved from a year earlier, according to data released Tuesday by the U.S. Department of Transportation.

28. World Airlines Seen Losing $9 Billion This Year -

KUALA LUMPUR, Malaysia (AP) - The world's airlines will collectively lose $9 billion this year – nearly double the previous projections – and face a slow recovery as the economic crisis saps air travel and cargo demand, an industry body warned Monday.

29. Boeing CEO Calls Slump 'Once-in-a-Lifetime' Event -

CHICAGO (AP) - Boeing Co. Chairman and Chief Executive Jim McNerney assured shareholders Monday that the company is in strong shape to ride out the "once-in-a-lifetime" downturn that has walloped its profits, jetliner orders and stock price.

30. Boeing Profit Drops on Production Cuts -

PITTSBURGH (AP) - Boeing Co., the world's second-largest plane maker, said Wednesday its first-quarter profit dropped by half, hurt by production cuts as airlines postpone deliveries of new planes. It also forecast lower prices and cut its earnings forecast for the year.

31. Boeing to Cut Production of Some Jets in 2010 -

PITTSBURGH (AP) - Boeing Co. plans to scale back production of some of its jetliners next year as the global economic crisis further saps demand for commercial aircraft, a move expected to result in fresh job cuts.

32. US Airlines Reduced Hassle In 2008 -

WASHINGTON (AP) – U.S. air carriers led by Hawaiian Airlines took some of the hassle out of flying last year.

The airline industry had its best performance in four years in 2008, private researchers said Monday in their annual study of airline quality, based on government statistics.

33. Airlines Group Predicts Big Industry Losses -

GENEVA (AP) - World airlines will lose $4.7 billion this year due to the economic crisis, while revenues will drop by more than after the Sept. 11, 2001 terrorist attacks in the U.S., a major industry association predicted Tuesday.

34. Government Pension Agency Braces for Recession -

WASHINGTON (AP) - The deepening recession spells trouble for a little-known government corporation that insures the pensions of 44 million workers and retirees.

The Pension Benefit Guaranty Corp. already has an $11 billion deficit that seems sure to grow larger as Corporate America suffers through the worst economic crisis since the Great Depression.

35. Airlines' On-Time Performance Improved in Sept. -

ATLANTA (AP) - U.S. airlines' on-time performance and baggage handling improved in September, though the carriers overall posted a higher rate of domestic cancellations compared to the same month a year ago, the Transportation Department said Friday.

36. PBGC Downplays Investment Plan Risks -

WASHINGTON (AP) – The federal agency charged with backstopping pension benefits for 44 million Americans has understated the risks of its new investment policy, a congressional watchdog said Monday.

37. Tinker Works To Out-Fundraise Cohen For His Congressional Seat -

In last Friday's edition of The Washington Post, columnist Mary Ann Akers introduced her readers to Memphis congressman Steve Cohen, summing up her interviewee as a "fun-loving hipster in an aging man's body."

38. Up in the Air -

Northwest Airlines is still experiencing some turbulence even though it plans to re-hire 75 furloughed pilots by year end and 150 by mid-2007.

Because some pilots are not accepting the company's recalls for various reasons, the Eagan, Minn.-based carrier will extend recalls to hundreds of its pilots, it said in a statement. By Oct. 10, it had sent letters to about 425 furloughed pilots.

39. Archived Article: Daily Digest - Carolina Avenue Land

Carolina Avenue Land

Financed for $2.4 Million

State Place LLC has financed 1.5 acres near Carolina Avenue and Florida Street for $2.4 million, according to The Daily News Public Records Database, www.memphisdailynews.c...

40. Archived Article: Daily Digest - FedEx division

FedEx division

earns GM award

FedEx Supply Chain Services, a FedEx Corp. company that provides supply-chain management solutions, has earned a General Motors Supplier of the Year award for its overall business performance in ...

41. Archived Article: Nwa P2 - NWA earnings still in freefall

NWA earnings still in freefall

Northwest Airlines Corp., the parent of Northwest Airlines, reported a second quarter net loss of $93 million or $1.08 per common share. This compares to a second quarter 2001 net l...

42. Archived Article: Northwest P2 - Northwest reports first quarter results Northwest reports first quarter results Northwest Airlines Corp., the parent of Northwest Airlines, reported a first quarter net loss of $171 million or $2.01 per common share, which compares favorably to cons...

43. Archived Article: Tech Briefs - The ColdFusion Users Group will meet at 6:30 p Forms and instructions for filing personal property schedules now are available online from the Shelby County Assessors Web site, www.assessor.shelby.tn.us. Customers can access schedules by clicking on...

44. Archived Article: Tech Focus - Intellectual law isnt just for trademarks anymore Intellectual law isnt just for trademarks anymore By KATHLEEN BURT The Daily News Remember a time before the Internet? It was a time when chips were crunchy things that came in bags and a floppy disk...

45. Archived Article: Briefs - Freds Inc Freds Inc. has reported sales for the four-week and ten-month periods ended Nov. 30. Freds sales for November, at $35.9 million, were unchanged from the prior-year period. On a comparable store basis, sales for November declined 3.3 percen...

46. Archived Article: Market Briefs - Varsity Spirit Corp Varsity Spirit Corp. announced last week that its board directors the companys regular quarterly cash dividend of 4 cents per share of 16 cents per share on an annualized basis. The dividend will be payable on Dec. 5 to sharehold...

47. Archived Article: Tech Briefs - Federal Express Corp Federal Express Corp. has released FedEx interNetShip, the first automated shipping transaction available on the Internet. U.S. customers with a FedEx account number can now "point, click and ship" using any personal c...