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Principal content
London’s airports
Breaking up BAA’s ownership is increasingly seen as an answer to the problems suffered by passengers using London’s airports. But would it really help?
NZ nationalises trains
In New Zealand, ownership of rail and ferry services is to pass back into public hands, bringing a conclusion to what has been called “one of the most disastrous privatisations” in the country’s history
Kerkorian and Ford
The activist investor appears to be taking an option on how bad the downturn might go. If it is shallow, Ford will have a better chance of turning itself round. If not, he will be in his element
Eos and transatlantic airlines
Aviation has always attracted big dreamers. But right now, particularly as fuel costs rise, trying to turn a profit from business passengers alone looks like the stuff of fantasy
Ford’s focus
Ford has delivered a surprise quarterly profit that has pushed the stock up. Besides some short covering, the jump reflects hopes the promised turnround is gaining momentum
On a wing and a prayer
When you have tried every lever but the plane is still losing altitude, the only thing left to do is bail out. This should have been a banner week for airline stocks. Delta and Northwest finally agreed to merge. That paves the way for further consolidation
Delta/Northwest deal
Delta and Northwest have embarked on their long-awaited flight to safety. Whether the two US airlines will get there is unclear
Airline security
Airlines are making the headlines for all the wrong reasons as record fuel prices and the threat of recession depress the sector, but speculators should not rule out airlines all together
Hyundai Motor
Shares in Hyundai Motor, which together with affiliate Kia Motors Corp is the world’s sixth largest automaker by sales, have risen 21 per cent in the past month
Continental car parts
Integration and restructuring are still challenges, but if Continental can convince on resilience and reassure on the numbers, it may just return to favour
