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Cheaper fuel will help airlines pad profits; passengers unlikely to share through lower fares

2015-01-20 22:26:20| Airlines - Topix.net

Airlines will save billions this year thanks to cheaper jet fuel, but they aren't likely to share the bounty with passengers - not while so many flights are already full. Airline CEOs worry that oil prices could just as easily go higher.

Tags: share lower fuel pad

 

Delta Air Lines is saving $2 billion on fuel

2015-01-20 18:16:35| Airlines - Topix.net

If there was any doubt that lower oil prices were a gift to the nation's big airlines, just check out the latest results and outlook from Delta. Delta CEO Richard Anderson said in a statement that lower fuel prices should save the company more than $2 billion this year.

Tags: on air lines saving

 
 

Toyota, Honda in talks to put 6,000 fuel cell cars on road in Tokyo by 2020 Olympics

2015-01-20 16:19:30| Automakers - Topix.net

Last week, Toyota delivered its first Mirai fuel cell model to Japanese Prime Minister Shinzo Abe. After a short test drive, Abe declared it was "very comfortable" and said he wants "all ministries and agencies to have" the Mirai.

Tags: put road cars cell

 

Delta Air Lines posts fourth-quarter loss after fuel hedging

2015-01-20 15:09:17| Airlines - Topix.net

Delta Air Lines Inc said on Tuesday it lost $712 million last quarter largely due to fuel hedge settlements, although the carrier topped analysts' estimates. For the fourth quarter, the Atlanta-based carrier lost 86 cents per diluted share, including a $1.2 billion charge for mark-to-market adjustments on fuel hedges, which Delta had previously announced.

Tags: posts air lines loss

 

Fuel Cells, EVs, Autonomous Driving Shape Auto Industry's Future

2015-01-19 21:25:10| TechNewsWorld

The North American International Auto Show last week held a preview for industry insiders and the media before opening its doors to the public on the weekend. Automakers from around the world showcased more than 500 cars, ranging from futuristic concepts to vehicles that soon will be hitting the roads. The show allowed automakers to tout the latest technological advances under the hood.

Tags: auto future cells driving

 

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