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Aug 13, 2013
08/13
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u.s. air down 11.5%. the proposed merger, the department of justice says consumers would be hurt and is suing to block that deal. so far, only investors are getting crushed today. we'll talk to a few lawyers who have opinions on that deal. >> let's get you caught up on the markets, how we've been trading so far this tuesday. the dip in the morning happened again, and then it returned. the market up 47 1/2 points on the dow at 15,467. that has been the trading pattern of late. nasdaq, higher. apple's helping right now, up 17 points or about .5% at 3,687. and the s&p 500 index is up 5.8 points at 1,695. bob pisani, apple story is a good one. >> reporter: apple will normally do about 10 million. icahn's definitely having an influence on the stock. we're probably at the highest level since january right now. here's the tweets here. had a nice conversation -- this is carl icahn -- with tim cook today. discussed my opinion about a larger buyback should be done now. we plan to speak again shortly. we currently h
u.s. air down 11.5%. the proposed merger, the department of justice says consumers would be hurt and is suing to block that deal. so far, only investors are getting crushed today. we'll talk to a few lawyers who have opinions on that deal. >> let's get you caught up on the markets, how we've been trading so far this tuesday. the dip in the morning happened again, and then it returned. the market up 47 1/2 points on the dow at 15,467. that has been the trading pattern of late. nasdaq,...
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Aug 14, 2013
08/13
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hit an air pocket today courtesy of the u.s. justice department. eric holder and six state attorneys general soon to blocked merger says the deal will stifle competition after a wave of airline competitions in recent years. says the government says it could lead to bigger prices. shares of u.s. airways falling 13% day and amr corp, which is currently in bankruptcy but trading nose dived a staggering 45%. hampton pearson has more on the suing and what it might mean for the few tear for the merger. >> reporter: at the airport across from the justice deputy, anti trust department says they would have 69% of the take off and landing spots. that says the justice department is an air travel snap soft of the harm to consumer ifs american airlines and u.s. air are allowed to create the largest airline with 6700 daily flights serving 56 countries and revenues of $40 billion. assistant attorney general for andy trust william bears say we. consumer advocates are cheering the government lawsuit. >> there were no benefits for consumers in this merger, only bene
hit an air pocket today courtesy of the u.s. justice department. eric holder and six state attorneys general soon to blocked merger says the deal will stifle competition after a wave of airline competitions in recent years. says the government says it could lead to bigger prices. shares of u.s. airways falling 13% day and amr corp, which is currently in bankruptcy but trading nose dived a staggering 45%. hampton pearson has more on the suing and what it might mean for the few tear for the...
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Aug 18, 2013
08/13
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FBC
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american airlines and the u.s. air stock went down. all the airline stocks went down. are right. it had an effect. >> i am worried about the lack of catchtition. 47 p.c. of the time, air fares went up. when you have consolidation, i hate to say this. there is a tendency that prices go up. you have seen it in telecom and other industries. >> david: sabrina is the justice department right or wrong about the merger? >> i'm with liz. the airlines have been unprofitable for a decade. i don't think they have a choice. between a rock and a hard place here. if we want to see it get better, i have been one to scream at the ticket counter we need to see fir and foremost healthy companies. >> david: steve, again, recently, critics say they have been making money. which may be true. that is on to make up for past loss. is it is not >> david, for 100 years this industry has been losing money. david crandall the chairman of american airlines said on the 100th anniversary of wright brothers he wished somebody had shut the wright brothers down. the only people -- everyone makes money i
american airlines and the u.s. air stock went down. all the airline stocks went down. are right. it had an effect. >> i am worried about the lack of catchtition. 47 p.c. of the time, air fares went up. when you have consolidation, i hate to say this. there is a tendency that prices go up. you have seen it in telecom and other industries. >> david: sabrina is the justice department right or wrong about the merger? >> i'm with liz. the airlines have been unprofitable for a...
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Aug 17, 2013
08/13
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justice department trying to slam breaks on the american-u.s. air merger. is that good or bad news for flyers? you -- we'll debate. you decide. >> david: the government says the u.s. -american merger won't fly. if you fly, is it good or bad news for you? we have stocks ready to take off for the rest of the year. back in 60 seconds. ♪ ♪ >> david: there is not a love for airlines these day as they squeeze you to smaller seats and charge you for extra bags. the justice department said it's trying to block mergeer between american airlines and u.s. airway, few came to the airline defense. could the government plan end up backfiring on travelers and the worker for the companies? >> absolutely. the reason for merger is make sure they survive. miles per hour airlines is in bankruptcy to emerge from it. they have a combined share of 25%. the real reason that the government is opposing this. the reagan airport, it would be a huge domination by the. two that's where the people from the justice department go. they allowed the united-continental mergeer. they earned the
justice department trying to slam breaks on the american-u.s. air merger. is that good or bad news for flyers? you -- we'll debate. you decide. >> david: the government says the u.s. -american merger won't fly. if you fly, is it good or bad news for you? we have stocks ready to take off for the rest of the year. back in 60 seconds. ♪ ♪ >> david: there is not a love for airlines these day as they squeeze you to smaller seats and charge you for extra bags. the justice department...
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Aug 25, 2013
08/13
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CSPAN
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the u.s. air force is planning on having a squadron of 12 to 24 airplanes that will be ready for combat as they declare their initial operating capability. again, this will be a stealth airplane, on airplane capable of doing precision air-to-air and air-to-ground missions. it was built for range. it has twice the amount of fuel of the airplanes it is replacing. it is upgraded avionics. it takes what we have that i-- what we had in the airplanes that i flew and puts it in a fifth generation capability. this allows you to do what you need to do where you need to do it with the advanced avionics and long-range to do it in many different places. that's the beauty of the fand we are providing to our- 35. allies.they, too, will have that initial operating capability before the end of this are -- and of the century. host: we will keep talking with steve o'bryan. we will keep taking your phone calls and getting your questions and comments. pedro is live from the center to talk more about the technological
the u.s. air force is planning on having a squadron of 12 to 24 airplanes that will be ready for combat as they declare their initial operating capability. again, this will be a stealth airplane, on airplane capable of doing precision air-to-air and air-to-ground missions. it was built for range. it has twice the amount of fuel of the airplanes it is replacing. it is upgraded avionics. it takes what we have that i-- what we had in the airplanes that i flew and puts it in a fifth generation...
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Aug 27, 2013
08/13
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CNBC
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i have a question about u.s. air. is that dead money?
i have a question about u.s. air. is that dead money?
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Aug 5, 2013
08/13
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KRON
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u.s. air ways. if they are going to do a big merger. you stated that they are a loser, wire of a loser? >> ultimately, uni are losing our ability to fly with competition. u.s. air ways only have to give up so much prayer is not a lot of competition out there, it is nof competition. >> a jet blue is missing out on low fares. they offered a lot last year at a discount. their stocks went up but they have pulled back to 6. the big carriers are starting to restrict what they can do. they are charging $4,000 for flights. and jet blue will and bigger seats they would even have beds. >> they are looking for a different niche. >> they are looking for the premium of four balls about flies in the did not the states. this is from new york to san francisco. they will put suites in planes. i would rather do the 600 vs before a thousand. >> time warner. >> this one is interesting because loss angeles, new york, and dallas. the disruptions are happening and we're seen this more and more. we will have no cbs i
u.s. air ways. if they are going to do a big merger. you stated that they are a loser, wire of a loser? >> ultimately, uni are losing our ability to fly with competition. u.s. air ways only have to give up so much prayer is not a lot of competition out there, it is nof competition. >> a jet blue is missing out on low fares. they offered a lot last year at a discount. their stocks went up but they have pulled back to 6. the big carriers are starting to restrict what they can do. they...
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Aug 14, 2013
08/13
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the advisors for u.s. air and amr have come out on the call and said, listen, there are 12 routes and we will show there are only 12 routes where this would hurt competition. we're willing to make adjustments on those 12 routes. and then they go on to take one other issue with the government. the government saying, you don't need the two airlines to come together in order for them to survive. >> right. >> the advisors are saying, that's true, you don't. but you can't have them be as competitive as they would be if they were to combine. >> yeah, but -- >> essentially, this is u.s. air and amr coming out and saying, let's go, let's go to court. >> but, gordon, we've talked about this in the past. you've made the point that capacity needs to be taken out of the sky. in order to really see growth in the business and a better experience for folks. but you still think that the doj made the wrong call here. >> well, what they're doing is precluding american and u.s. air from creating a route network that's competitiv
the advisors for u.s. air and amr have come out on the call and said, listen, there are 12 routes and we will show there are only 12 routes where this would hurt competition. we're willing to make adjustments on those 12 routes. and then they go on to take one other issue with the government. the government saying, you don't need the two airlines to come together in order for them to survive. >> right. >> the advisors are saying, that's true, you don't. but you can't have them be as...
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Aug 31, 2013
08/13
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let's bring in our panel, u.s. airorce lieutenant general michael short joins us now from washington. cnn intelligence and security analyst bob bear is in colorado, and dana bash who has been doing fantastic reporting is live for us in washington. bit oba president obama started about the nature of the chemical attack in syria. listen to what he sglad taid. >> ten days ago the world watched in horror as men, women, and children were massacred in syria in the worst chemical weapons attack of the 21st century. yesterday the united states presented a powerful case that the syrian government was responsible for this attack on its own people. our intelligence shows the assad regime and its force preparing to use chemical weapons, launching rockets in the highly populated suburbs of damascus, and acknowledging that a chemical weapons attack took place. all of this corroborates what the world can plainly see. hospitals overflowing with victims, terrible images of the dead, all told, well over 1,000 people were murdered. sever
let's bring in our panel, u.s. airorce lieutenant general michael short joins us now from washington. cnn intelligence and security analyst bob bear is in colorado, and dana bash who has been doing fantastic reporting is live for us in washington. bit oba president obama started about the nature of the chemical attack in syria. listen to what he sglad taid. >> ten days ago the world watched in horror as men, women, and children were massacred in syria in the worst chemical weapons attack...
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Aug 6, 2013
08/13
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. >>> and a u.s. air force helicopter crash in okinawa deepens concerns among residents who worry about the american military aircraft that crisscross their skies. >>> officials appointed by the fukushima government have made an emergency visit to the damaged nuclear plant. they're investigating whether the operator of fukushima daiichi are doing enough to stop leaks of contaminated water, and they're unimpressed by what they found. the 22 officials are part of a council that's overseeing the decommissioning of the plant including municipal government staff and nuclear industry experts. the team inspected areas of the compound where contaminated ground water has been seeping into the sea. they assessed an underground tunnel that's believed to be filled with highly radioactive wastewater. officials then monitored work that's been done to reinforce embankments between the number two reactor and the sea. crews constructed barriers to contain the water. several members of the team voiced frustration at the wa
. >>> and a u.s. air force helicopter crash in okinawa deepens concerns among residents who worry about the american military aircraft that crisscross their skies. >>> officials appointed by the fukushima government have made an emergency visit to the damaged nuclear plant. they're investigating whether the operator of fukushima daiichi are doing enough to stop leaks of contaminated water, and they're unimpressed by what they found. the 22 officials are part of a council...
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Aug 13, 2013
08/13
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now, we've not heard back from u.s. air and american. i would expect that they're obviously going to have a vigorous fight in court over this. one question that did come up on this conference call was whether or not there have been discussions about, hey, listen, can we give up slots out of d.c. reagan where they would control 63% of the nonstop flights? is there some kind of solution that would allow the merger to go through. the doj said we're not going to detame past discussions but the fact we filed this suit in conjunction with attorney generals from six states, that's an indication they believe the only solution here is to block this merger between u.s. air and american. we're going to hop back on the call but the wloobottom line is doj is pressing through and that this should be blocked. >> phil lebeau in chicago. this has been a crash and burn already for investors. you included. >> absolutely. i still had half my position in american. but, ouch, this is painful. >> at a time when everybody is singing the praises of the financial
now, we've not heard back from u.s. air and american. i would expect that they're obviously going to have a vigorous fight in court over this. one question that did come up on this conference call was whether or not there have been discussions about, hey, listen, can we give up slots out of d.c. reagan where they would control 63% of the nonstop flights? is there some kind of solution that would allow the merger to go through. the doj said we're not going to detame past discussions but the fact...
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Aug 13, 2013
08/13
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american plus u.s. air would make the largest airline in the world. now, right now, those two airlines compete on a thousand different routes. the justice department is suing to stop the $11 billion merger. researchers at cal berkeley, meanwhile, say they determined people who drive nice cars don't drive nicely. scientists watch drivers' behavior at various intersection, including crosswalks and recorded who did what and what kind of car they drove. the "new york times" this morning says those scientists determined people who called batters are nicer than those who drove expensive cars and two brands with the worst based on the video the first one, bmw, worst behavior. the next one kind of surprising, prius. go figure. back to you. >> no comment. all right, scott, thanks so much. >>> after being up for sale for more than five years, the atherton mansion of 49ers legend jerry rice has finally sold. take a look at it from these pictures off the site, realtor.com. here are the numbers. the almost 14,000 scare-foot home is on 1.2 acres, six bedrooms, seve
american plus u.s. air would make the largest airline in the world. now, right now, those two airlines compete on a thousand different routes. the justice department is suing to stop the $11 billion merger. researchers at cal berkeley, meanwhile, say they determined people who drive nice cars don't drive nicely. scientists watch drivers' behavior at various intersection, including crosswalks and recorded who did what and what kind of car they drove. the "new york times" this morning...
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u.s. air wis pigments that a security breach might have compromised some accounts of customers with frequent-flier miles. pis\ small number of accounts might have been compromised. they do not contain social security numbers. mileage might have been deducted. deactivating the couple was the colts' and working with customers to restore >> a politician in trying to get some good publicity by getting his picture taken with a bunch of kids. the prime minister did not realize that a five- year old boy was making faces behind him. the boy's mother was embarrassed. sh >> he didn't do anything alone. i think he is just being a cool kid. an underutilized government tool to help college graduates payback loans. first bank of america and now chases the biggest u.s. bank periods was there under federal criminal investigation for practices tauto lead to sales of bonds. turning our attention to market. looking to snap a three did losing streak. she >> there is some help available but not many people seem to
u.s. air wis pigments that a security breach might have compromised some accounts of customers with frequent-flier miles. pis\ small number of accounts might have been compromised. they do not contain social security numbers. mileage might have been deducted. deactivating the couple was the colts' and working with customers to restore >> a politician in trying to get some good publicity by getting his picture taken with a bunch of kids. the prime minister did not realize that a five- year...
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Aug 13, 2013
08/13
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just heard back from u.s. air and amr within the last hour, both of them saying, hey, we're going to fight this doj suit to block us. they are issuing a statement saying we'll mount a vigorous defense and pursue all options in order to achieve this merger to give a better american to our customers and our communities as soon as possible. in the last hour, in a letter to employees at u.s. airways ceo doug parker says the companies will not merge in the third quarter. that's going to be pushed out for a while. he says the doj is wrong in its assessment. he goes on to say we will fight them. well, the doj has a different opinion. it says that this is an uncompetitive move for the airline industry. the doj saying we determined that the merger would substantially lessen competition for commercial air travel throughout the united states. importantly neither airline needs this merger to succeed. we simply cannot approve a merger that would result in u.s. consumers paying higher fare, higher fees and receiving less servic
just heard back from u.s. air and amr within the last hour, both of them saying, hey, we're going to fight this doj suit to block us. they are issuing a statement saying we'll mount a vigorous defense and pursue all options in order to achieve this merger to give a better american to our customers and our communities as soon as possible. in the last hour, in a letter to employees at u.s. airways ceo doug parker says the companies will not merge in the third quarter. that's going to be pushed...
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Aug 13, 2013
08/13
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u.s. governments to shut futenma air station. he said the site should go back to okinawa. in 2004 a u.s. helicopter crashed on the campus university. no one died. last week a helicopter from a separate base went down. okinawa assembly lawmakers visited the defense ministry to deliver a petition for an investigation. they also handed a petition to the office of prime minister shinzo abe. >> translator: a new fleet of the osprey have arrived despite safety concerns of the lawmakers and okinawa governor. i've voiced frustration at the results of investigation into the crash have not been shared with the people of okinawa. >> last week's incident occurred in ginoza village. residents will host a rally next week to draw attention to the risks they face. >>> japan's machinery orders fell for the first time in two months in june. by the figure was better than analysts had expected. data are seen as a key indicator of corporal capital investment. the cabinet office reported that orders fell 2.7% in may to about $8 billion. the orders exclude volatile sectors such as shipbuilding and power compan
u.s. governments to shut futenma air station. he said the site should go back to okinawa. in 2004 a u.s. helicopter crashed on the campus university. no one died. last week a helicopter from a separate base went down. okinawa assembly lawmakers visited the defense ministry to deliver a petition for an investigation. they also handed a petition to the office of prime minister shinzo abe. >> translator: a new fleet of the osprey have arrived despite safety concerns of the lawmakers and...
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Aug 13, 2013
08/13
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air fare. but it comes down to reagan national because u.s.uld have a monopoly on takeoffs and landings. keep in mind just a couple of weeks ago the european union approved the merger with concessions they would divest some profit to airports,. >> neil: jim, why you had -- that went by without much -- any sticking points. why this? >> lori has part of it right. a lot of it has to do with who is affected. one of the attorneys general here in texas and some of the texas airports will be faked as well, but look, what happens if we don't do this? the old model doesn't work. it's been proven not to work, time and time again. if we disallow this merger, then we go back to the same model where airlines are threatening bankruptcy every three or four years. everytime oil prices spike up or the economy soft 's and the next thing you know they're having to renegotiate contracts with their pilots. these contracts have been negotiated and the department of justice, after all these negotiations have happened, decided to come in and say, no. and by the way,
air fare. but it comes down to reagan national because u.s.uld have a monopoly on takeoffs and landings. keep in mind just a couple of weeks ago the european union approved the merger with concessions they would divest some profit to airports,. >> neil: jim, why you had -- that went by without much -- any sticking points. why this? >> lori has part of it right. a lot of it has to do with who is affected. one of the attorneys general here in texas and some of the texas airports will...
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Aug 3, 2013
08/13
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began holding an annual fireworks show after world war ii as a way to remember people who died in u.s. air raids. they dedicated this year's event to disaster recovery. some were remembering an earthquake that struck the area in 2004 and the quake and tsunami that hit northeastern japan in 2011. fireworks lit up the sky along the shinano river. one of the most popular displays was called niagara falls. city officials say it attracted 40,000 more spectators than last year. organizers are putting on another show on saturday. and that's all for now on this edition of "newsline." thank you for watching.
began holding an annual fireworks show after world war ii as a way to remember people who died in u.s. air raids. they dedicated this year's event to disaster recovery. some were remembering an earthquake that struck the area in 2004 and the quake and tsunami that hit northeastern japan in 2011. fireworks lit up the sky along the shinano river. one of the most popular displays was called niagara falls. city officials say it attracted 40,000 more spectators than last year. organizers are putting...
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Aug 13, 2013
08/13
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FBC
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and it is really quite surprising because to me yes, we hear of u.s. airsumers, but is directly it is not a good business. our lines are not earning good margins. not different than some prior mergers that have been approved. i am fairly surprised that the doj is going out with this particular combination. liz: and so in the end the think this will go through, even when you have some six states plus d.c. and the burden of justice saying, no weight. we are convinccd this is a no go. >> i think it will go through. there will no doubt be confessions made. that is normal. the government will look for its pound of flesh. in particular with reagan national airport and d.c., there will be a very heavy concentration with usair having to is there already, but ultimately this deal makes sense, and the facts are really cheap. when you look at something like delta, six are seven times earnings, strong balance sheets, a tremendous cash flow, initiated. so for the sector as a whole the stocks look attractive. there are others that look good. we prefer del personally. li
and it is really quite surprising because to me yes, we hear of u.s. airsumers, but is directly it is not a good business. our lines are not earning good margins. not different than some prior mergers that have been approved. i am fairly surprised that the doj is going out with this particular combination. liz: and so in the end the think this will go through, even when you have some six states plus d.c. and the burden of justice saying, no weight. we are convinccd this is a no go. >> i...
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Aug 7, 2013
08/13
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a u.s. air force helicopter crashed on monday in the compound of the u.s. marine corps camp hansen on okinawa's main island. japanese owe fishes sofficials say they unilaterally banned aircraft for a radius about 11 kilometers around the accident site. they say the ban started at around 10:00 a.m. on tuesday. they say they received no prior notification. the area of the ban does not affect flights to or from naha airport to or from the prefecture. the u.s. controlled okinawa air space for a long time even after the islands reverted to japan in 1972. they transferred operations to japanese authorities three years ago. >>> people in japan and some other nations spent tuesday remembering a dark anniversary. they marked the day 68 years ago the u.s. military dropped an atomic bomb on hiroshima. austrians gathered in front of st. steven's cathedral in vienna. they said nuclear weapons should be abolished. organizers delivered a speech calling for world peace. participants used crayons to draw on a picture of a bomb and transform it into something else. about 100
a u.s. air force helicopter crashed on monday in the compound of the u.s. marine corps camp hansen on okinawa's main island. japanese owe fishes sofficials say they unilaterally banned aircraft for a radius about 11 kilometers around the accident site. they say the ban started at around 10:00 a.m. on tuesday. they say they received no prior notification. the area of the ban does not affect flights to or from naha airport to or from the prefecture. the u.s. controlled okinawa air space for a...
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Aug 13, 2013
08/13
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lori: the justice department challenges the u.s. air, emergencier.the first time they were involved in the merger. this hour, hear exclusively from frank lorenzo, the man who saved and steered continental airlines through bankruptcy and tried to do the same with the airlines, and they stepped in when he tried to merge with eastern. >> off the board at jcpenney, cutting a deal to get what he wants. >> number one in the u.s., des moines, iowa mayor on why "forbes" ranked his city as number one. >> the privilege not to be americans as the u.s. cracks down on global tax evaders. >> live coverage and analysis of dennis lockhart's q&a coming up. >> busy hour. let's get you updated on the markets, floor of the new york stock exchange, and,
lori: the justice department challenges the u.s. air, emergencier.the first time they were involved in the merger. this hour, hear exclusively from frank lorenzo, the man who saved and steered continental airlines through bankruptcy and tried to do the same with the airlines, and they stepped in when he tried to merge with eastern. >> off the board at jcpenney, cutting a deal to get what he wants. >> number one in the u.s., des moines, iowa mayor on why "forbes" ranked his...
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Aug 28, 2013
08/13
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those u.s. airtrikes against syrian targets appear inevitable and those strikes are expected within days. in terms of the assets the united states has in the eastern mediterranean, four guided missile destroyers, two u.s., one british submarine in the area, each loaded with tomahawk cruise missiles. meanwhile up on capitol hill there's a bipartisan group of 93 congressmen, 77 republicans and 16 democrats who signed a letter to president obama asking him to consult and receive authorization from congress before ordering the use of u.s. military force in syria. i can tell you, michele, it's not likely the white house will seek out a vote up on capitol hill before they use any military action in syria but say they have reached out to senior congressional leaders in order to get their buy in on this. the question whether it comes from any sort of official advising consent role by congress will be left open here for the next several hours and days. those strikes could be coming now within days and a lot
those u.s. airtrikes against syrian targets appear inevitable and those strikes are expected within days. in terms of the assets the united states has in the eastern mediterranean, four guided missile destroyers, two u.s., one british submarine in the area, each loaded with tomahawk cruise missiles. meanwhile up on capitol hill there's a bipartisan group of 93 congressmen, 77 republicans and 16 democrats who signed a letter to president obama asking him to consult and receive authorization from...
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Aug 14, 2013
08/13
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FBC
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a quick check at u.s. airloss here as the department of justice jumped in and said, guess what, we will stand in the way of the merger. we have lawyers now commenting. do not assume that this merger will not happen. they will fight it. they are for it. watch that. we are now exactly at 3:15 p.m. eastern. james bullard has remarks about the challenge of bollettieri policy coming into the markets once again. we go back to peter barnes in washington for the details on his speech. peter: he calls it an update on the tapering the faith. he says "the committee still needs to see more data on macroeconomic performance for the second half of 2013 before making a judgment on this matter. furthermore, he is calling for press conferences after every meeting rather than every other meeting. he thinks that all of this is so important. he is concerned about improvements in the labor market. in some points they have improved. he says some alternative measures labor market performance remains weak. he is also worried that inf
a quick check at u.s. airloss here as the department of justice jumped in and said, guess what, we will stand in the way of the merger. we have lawyers now commenting. do not assume that this merger will not happen. they will fight it. they are for it. watch that. we are now exactly at 3:15 p.m. eastern. james bullard has remarks about the challenge of bollettieri policy coming into the markets once again. we go back to peter barnes in washington for the details on his speech. peter: he calls...
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Aug 13, 2013
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and remember, the network airlines, the big players, american, delta, united, u.s. air have a large percentage of their passengers and departures with low labor cost regional partners contracted out services. this is a major restructured airline industry, and they have great incentive to keep fares down. >> on that point, though -- but i want to make sure i understand clearly. you're saying that yes, fares could go up some, but they need to because right now the airlines can not cover their costs with capital. and that means what. >> they can invest in new fuel efficient aircraft that burn 25% less fuel, have less maintenance cost and more reliable and better for the customer and those efficiencies equal lower cost. >> mr. alioto, what do you say to all of that? >> i think that mr. cordle is mistaken in a lot of major ways. there have been substantial reduction in capacity, of course. that, of course, is because of the consolidation. there have been substantial cuts in departures and availability. he's wrong about the prices. they've been increased seven times. >> he di
and remember, the network airlines, the big players, american, delta, united, u.s. air have a large percentage of their passengers and departures with low labor cost regional partners contracted out services. this is a major restructured airline industry, and they have great incentive to keep fares down. >> on that point, though -- but i want to make sure i understand clearly. you're saying that yes, fares could go up some, but they need to because right now the airlines can not cover...
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Aug 30, 2013
08/13
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KRON
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but we've gone from talk of u.s. air strikes being to talk of more caution. some of the key evidence seen by the american public.since it remains classified. and almost certainly nothing will happen until u-n weapons inspectors get out of syria. they're not expected to evidence until saturday. ahead at eight. we know apple is going to unveil the next i-phone any day now your existing used i-phone once the new one comes out. back after the break. it's a bizarre case. involving a man biting a dog. sheriff's deputies have identified the suspect as 34-year-old frank garcia of san jose. as kron four's rob fladeboe reports now, deputies say garcia was on drugs when he fought and bit the dog. and the whole thing was captured on video. from his front porch here on raymond avenue, carl rubio watched as another neighbor shot this a dozen deputies tried to subdue garcia, who was armed with a knife. back to the video now as the suspect refuses to drop the knife and then stabs himself. at that point, handlers release their canine 'ski' who, along with several deputies, wr
but we've gone from talk of u.s. air strikes being to talk of more caution. some of the key evidence seen by the american public.since it remains classified. and almost certainly nothing will happen until u-n weapons inspectors get out of syria. they're not expected to evidence until saturday. ahead at eight. we know apple is going to unveil the next i-phone any day now your existing used i-phone once the new one comes out. back after the break. it's a bizarre case. involving a man biting a...
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Aug 14, 2013
08/13
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KPIX
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we have had delta continental, southwest and now u.s. air/american. division to look at this more closely. they were armed with public documents as well as internal memos that basically said the airlines involved u.s. air and americans, felt that if this merger happened it would benefit them. they would be able to raise prices. that was a big red flag. >> the companies say they overlap on only 12 routes. then there is this government audit that said that more than 1500 routes would be affected. why such a huge discrepancy. >> they only overlap on 12 nonstop routes. that was their public position. if those 1665 connecting routes -- by the way, in the airline business we live on connecting routes. that makes the difference. they could be subject to higher fares and less competition. if this merge he goes through those four american, united delta and southwest, would represent 80% of the total u.s. market and in some cases, like in the washington d.c. area more than 63% of one airport alone, washington/reagan. >>> usairways says we will fight them. how i
we have had delta continental, southwest and now u.s. air/american. division to look at this more closely. they were armed with public documents as well as internal memos that basically said the airlines involved u.s. air and americans, felt that if this merger happened it would benefit them. they would be able to raise prices. that was a big red flag. >> the companies say they overlap on only 12 routes. then there is this government audit that said that more than 1500 routes would be...
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Aug 13, 2013
08/13
by
CNNW
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>> reporter: it is a problem, no mistake about it, jake, for the u.s. air force. this is an air force wing in montana, about 150 minuteman interintercontinental ballistic missile. they will not tell us exactly what "tactical errors" were made that led to the fail mark on the inspection. they say the nuclear weapons were always safe. but, jake, this is the second of three wings, there's only three nuclear wings in the u.s. air force, two of them so far this year, this is number two, have failed security and safety inspections, another one earlier this year at minot, north dakota. in that case 17 members of the military were removed from their positions after that wing failed. so the big question here, i think people agree the nuclear weapons are safe, that's what the air force tells us. no indication they're not, but are procedures just getting lax in the nuclear community? >> what does this mean for national security? >> what it means for the pentagon and national security is the worry that some of these procedures, that some of the personnel are just getting lax i
>> reporter: it is a problem, no mistake about it, jake, for the u.s. air force. this is an air force wing in montana, about 150 minuteman interintercontinental ballistic missile. they will not tell us exactly what "tactical errors" were made that led to the fail mark on the inspection. they say the nuclear weapons were always safe. but, jake, this is the second of three wings, there's only three nuclear wings in the u.s. air force, two of them so far this year, this is number...
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Aug 5, 2013
08/13
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KCSM
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the accident involved a u.s. air force hh-60 based in kaneda. it's a type of helicopter used in rescue operations. >> translator: this accident is an extremely regrettable manner. we've asked u.s. authorities to disclose information quickly to investigate the cause of the crash and to take measures to prevent a recurrence. >> residents near camp hansen have expressed their concerns over safety. >> translator: it would be a disaster if an aircraft crashed in the area. that's why we keep asking the u.s. military to take safety first. >> i feel upset because the u.s. military don't take our opinions into account. >> okinawa officials say u.s. military aircraft have been involved in 44 crashes in the prefecture since the return of its administration from the u.s. to japan in 1972. one of the latest incidents occurred at a university near the u.s. marine corps futenma air station. a ch-53 helicopter crashed on the campus and burst into flames in august 2004. in 1999 a helicopter of the same type crashed into the sea off the northern coast of okinawa's
the accident involved a u.s. air force hh-60 based in kaneda. it's a type of helicopter used in rescue operations. >> translator: this accident is an extremely regrettable manner. we've asked u.s. authorities to disclose information quickly to investigate the cause of the crash and to take measures to prevent a recurrence. >> residents near camp hansen have expressed their concerns over safety. >> translator: it would be a disaster if an aircraft crashed in the area. that's...
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Aug 21, 2013
08/13
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CSPAN
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marine corps, u.s. air force and the u.s. navy as well as our international partners.ocus on the things that we can control. that's reducing the price of the airplane. the last three contracts we just signed recently we're well below the u.s. government estimate and trend line continues to deliver this airplane below that u.s. government estimate for approximately the same cost that prior generations of airplanes. that's where the team is focused. that's where our pilots our partners are focused and it's delivering that capability to our young men and women who need it to continue to out pace potential adversaries. host: earlier this month on the "washington journal," wheeler who is a defense analyst was asked about the f-35 and spending cuts. here's what he had to say. >> what's going to happen with that airplane it's going to die a slow death. its procurement budget going to start getting squeezed because the number of dollars in that f-35 f-35 budget cannot be afforded. as this start to get squeezed, it's going to be even slower than it is. it will become completely
marine corps, u.s. air force and the u.s. navy as well as our international partners.ocus on the things that we can control. that's reducing the price of the airplane. the last three contracts we just signed recently we're well below the u.s. government estimate and trend line continues to deliver this airplane below that u.s. government estimate for approximately the same cost that prior generations of airplanes. that's where the team is focused. that's where our pilots our partners are...
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Aug 5, 2013
08/13
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KCSM
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thousands of drones are in the hands of the u.s. air force. these images of a secret drone project in the 1960s show the united states understood the importance of unmanned aerial vehicles at an early stage. france has decided to buy a dozen from their american counterparts. after years of hesitation and trailing behind in the technology race. >> a former general told me he did not want the topic to be mentioned. there have been many obstacles coming from within the french air force. >> an ethical issue delayed the program. drones can be equipped with missiles, deadly robots operated in afghanistan and iraq with devastating effects. these are iraqi rebels trapped, -- tracked, and they did not see this coming. the french army's position now seems clear. >> it is a false debate. there is a pilot in the drone, and operator. >> to avoid the unreal computer game feel, they require to work within the headquarters of operations. it will take another 20 years to -- added two french is -- francis air force -- france's airfleet. pilots could even send t
thousands of drones are in the hands of the u.s. air force. these images of a secret drone project in the 1960s show the united states understood the importance of unmanned aerial vehicles at an early stage. france has decided to buy a dozen from their american counterparts. after years of hesitation and trailing behind in the technology race. >> a former general told me he did not want the topic to be mentioned. there have been many obstacles coming from within the french air force....
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Aug 1, 2013
08/13
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KCSM
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hayden began working in intelligence while serving in the u.s. air force. former u.s. president george w. bush appointed him as the director of the cia in 2006. his mission was to strengthen u.s. information-gathering capabilities. while serving as the nsa director, hayden oversaw the surveillance of domestic communication carried out without warrants. hayden says snowden's case is very different from any other information leak in the past. >> it's not a glass of water or a bucket of water or a cup of water. that's bad enough. what snowden's revealed is what i choose to call the plumbing. he's revealed how it is we acquire information. he's revealed the sources and the methods we used to go out and get this data for the safety and for the liberty of american citizens. >> snowden first took refuge in hong kong before flying to moscow. hayden suspects that snowden may have leaked confidential information to officials in both china and russia. >> i do know both the chinese and the russian services are very sophisticated and, therefore, i have every expectation they will b
hayden began working in intelligence while serving in the u.s. air force. former u.s. president george w. bush appointed him as the director of the cia in 2006. his mission was to strengthen u.s. information-gathering capabilities. while serving as the nsa director, hayden oversaw the surveillance of domestic communication carried out without warrants. hayden says snowden's case is very different from any other information leak in the past. >> it's not a glass of water or a bucket of...
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Aug 13, 2013
08/13
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MSNBCW
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for the first time in the history, a woman is in the pilot's seat at the u.s. air force cad me. we'll discuss just ahead. ask your doctor about the only underarm low t treatment, axiron. if then schwab is the placeing your trato trade. higher level, tdd#: 1-800-345-2550 call 1-888-577-5750 or visit schwab.com/trading to tdd#: 1-800-345-2550 learn how you can earn up to 300 commission-free online trades tdd#: 1-800-345-2550 for six months with qualifying net deposits. tdd#: 1-800-345-2550 see how easy and intuitive it is to use tdd#: 1-800-345-2550 our most powerful platform, streetsmart edge. tdd#: 1-800-345-2550 we put it in the cloud so you can use it on the web. tdd#: 1-800-345-2550 and trade with our most advanced tools tdd#: 1-800-345-2550 on whatever computer you're on. tdd#: 1-800-345-2550 also, get a dedicated team of schwab trading specialists tdd#: 1-800-345-2550 who will help you customize your platform tdd#: 1-800-345-2550 even from the comfort of your home. tdd#: 1-800-345-2550 and talk about ideas and strategies, one on one. tdd#: 1-800-345-2550 get all this with n
for the first time in the history, a woman is in the pilot's seat at the u.s. air force cad me. we'll discuss just ahead. ask your doctor about the only underarm low t treatment, axiron. if then schwab is the placeing your trato trade. higher level, tdd#: 1-800-345-2550 call 1-888-577-5750 or visit schwab.com/trading to tdd#: 1-800-345-2550 learn how you can earn up to 300 commission-free online trades tdd#: 1-800-345-2550 for six months with qualifying net deposits. tdd#: 1-800-345-2550 see...
107
107
Aug 13, 2013
08/13
by
CNBC
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eye 107
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great benefits we can extol on the economy. >> breaking news regarding the plans of a and r and u.s. airse that was a delicately negotiated deal that took time to bring together. now it appears it's going to be facing a new hurdle, from the u.s. justice department. >> how sick are you of seeing these pictures? >> yeah, you know, it's been okay. you know, it's amazing with social media these days how fast things can get away. that was the number one trending thing on twitter for a couple days, actually. i'm fine with people sending me stuff. it's weird when you get into their pets. >> check out the chart of apple here, and you will see a nice pop. carl icahn on twitter making news. here's what he to say, we currently have a large position, apple, we believe the company to be extremely undervalued. he said he spoke to tim cook today and there's more to come. >> you know, it was interesting about that pop in shares of apple is that icahn enterprises also got a pop on the news, up 3% or so, and heavy volume based on this. would you invest? >> they have gone nowhere. carl is making money -- >
great benefits we can extol on the economy. >> breaking news regarding the plans of a and r and u.s. airse that was a delicately negotiated deal that took time to bring together. now it appears it's going to be facing a new hurdle, from the u.s. justice department. >> how sick are you of seeing these pictures? >> yeah, you know, it's been okay. you know, it's amazing with social media these days how fast things can get away. that was the number one trending thing on twitter...
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Aug 23, 2013
08/13
by
WETA
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eye 225
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the possible u.s. air strikes against the syrian military or setting up a no-fly zone. a former advisor for addicts a major move like that. >> i expect it will take action, whether it is the no-fly zone or surgical strikes. we will see. >> president obama is reluctant to intervene. after iraqi and afghanistan. he noted today on cnn. >> folks will call for immediate action, jumping into stuff that does not turn out well. >> the president said core u.s. interests might be at stake. u.s. forces in danger. >> we are gathering information about this event but it is very troublesome. >> the unverified video out of syria showing bloodless victims that seemingly could only have died in a chemical attack. a could make u.s. intervention more excitable at home. three polls found americans who opposed intervention switching if chemical weapons were used. for now there is no proof. the u.n. -- u.s. is demanding a u.n. inspection. there is more fighting in the neighborhood allegedly hit by chemical weapons. team gets inspection in and verifies the use of to michael weapons, the white
the possible u.s. air strikes against the syrian military or setting up a no-fly zone. a former advisor for addicts a major move like that. >> i expect it will take action, whether it is the no-fly zone or surgical strikes. we will see. >> president obama is reluctant to intervene. after iraqi and afghanistan. he noted today on cnn. >> folks will call for immediate action, jumping into stuff that does not turn out well. >> the president said core u.s. interests might be...
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shortly before the invasion kennedy ordered that no u.s. air support be given to the invasion force. that's begun on the dictatorship. media thing we got involved in the first firefight which was militia patrol that was guarding the city or the although they don't and and therefore after that we started them moving in then we found the first resistance at one am in the morning at wednesday the nineteenth i was awakened by a call from the white house it was mack bundy he said i am in the president's office and he would like to have you come down here soon as. when i arrived in the president's office president was concerned it sharpened his comment. it was increasingly clear even with the breakdown of communication that things were going badly. no one knew. to see the american ships in the horizon and people were trying to get in whatever boats they could find to try to reach them but the fact of the matter there were too few rope boats and there was just not enough time when that broadcast came from the beach and the leader said we're standing i
shortly before the invasion kennedy ordered that no u.s. air support be given to the invasion force. that's begun on the dictatorship. media thing we got involved in the first firefight which was militia patrol that was guarding the city or the although they don't and and therefore after that we started them moving in then we found the first resistance at one am in the morning at wednesday the nineteenth i was awakened by a call from the white house it was mack bundy he said i am in the...
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shortly before the invasion kennedy ordered that no u.s. air support be given to the invasion force. first begun on the dictatorship. media thing we got involved in the first firefight which was the militia patrol that was guarding the city or the old town of playa hate on and and therefore after that we started them moving in then also we found the first resistance at one am in the morning and wednesday the nineteenth i was awakened by a call from the white house it was mack bundy he said i am in the president's office and he would like to have you come down here soon as possible. when i arrived in the president's office president was concerned it sharpened his comment . it was increasingly clear even with the breakdown of communication that things were going badly. no one knew. to see the american ships on the horizon and people were trying to get in whatever boats they could find to try to reach them but the fact of the matter there were too few rope boats and there was just not enough time when that broadcast came from the beach and the lea
shortly before the invasion kennedy ordered that no u.s. air support be given to the invasion force. first begun on the dictatorship. media thing we got involved in the first firefight which was the militia patrol that was guarding the city or the old town of playa hate on and and therefore after that we started them moving in then also we found the first resistance at one am in the morning and wednesday the nineteenth i was awakened by a call from the white house it was mack bundy he said i am...
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93
Aug 3, 2013
08/13
by
LINKTV
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eye 93
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british and u.s. air forces launched operation gomorrah, bombing the city for a week. their aim, to destroy hamburg, demoralize german civilians, and cripple the nazis. target is the church of saint nicholas, the tallest tower in the city. changed themorrah face of hamburg forever. tens of thousands of people died. countless others were scarred for life. later, saint nicholas still stands in ruins. it has been left this way as a memorial to the bombing and a reminder of the firestorm that swept hamburg from july 24 until august 3, 1943. how long can i wore last when it is already over -- a war last when it is already over? she was 18 years old when the bomb fell. she came away severely injured. her mother and brother were killed. it's the first time she has come to see the church. able to say to be this today, she says, to know that i'm not alone. when july comes every year, it's not easy for me. >> helge had lead a fulfilling adult life despite her early trauma. a fulfilling adult life despite her early trauma. but the horrors of her youth are more and more present in
british and u.s. air forces launched operation gomorrah, bombing the city for a week. their aim, to destroy hamburg, demoralize german civilians, and cripple the nazis. target is the church of saint nicholas, the tallest tower in the city. changed themorrah face of hamburg forever. tens of thousands of people died. countless others were scarred for life. later, saint nicholas still stands in ruins. it has been left this way as a memorial to the bombing and a reminder of the firestorm that swept...
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246
Aug 13, 2013
08/13
by
CNBC
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eye 246
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well, you know what, u.s. airast ones to the merger dance party. >> that's not uncommon to have that degree of concentration in an american industry. they will tolerate that. where are we in telecom? >> in wireless we're at four. the question is can we go four to three. these were four and five, right, phil? >> in terms of right now separately right now if you take them separately, you've got american at number three and then you've got us airways at number five. so you'd be combined three and five to make number one. >> and often times one and two getting or two and three getting together, this gets to antitrust doctrine 101 in a lot of ways. i think what's important for people to realize, and phil echoed this, this does not appear to lend itself to an easy fix. hence, we're going to fight it and fight it for a long time. phil, we'll see what happens if they ever do get to a court case. the doj typically wins all oracle did beat them in people soft. that's a long time ago and a very different industry. >> and at
well, you know what, u.s. airast ones to the merger dance party. >> that's not uncommon to have that degree of concentration in an american industry. they will tolerate that. where are we in telecom? >> in wireless we're at four. the question is can we go four to three. these were four and five, right, phil? >> in terms of right now separately right now if you take them separately, you've got american at number three and then you've got us airways at number five. so you'd be...
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Aug 21, 2013
08/13
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CNBC
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ford, facebook, verizon, super value, u.s. air. >> wow. very interesting. okay. well u.s. general decided to take your name out and -- airlines, if the deal went through with amr, that was the trade. airline doing okay. tha they're not as bad as they used to be. airline, telco, tech, supermarket and auto, that's total diversification, i say congratulations. ♪ hallelujah >> to all of our players tonight and stick with cramer. >>> yesterday we heard terrific things about the consumer from tjx, urban outfitters, best buy and home depot. you left here thinking things were pretty darn fabulous and the problems we heard about from macy's, nordstrom's, saks, and walmart are about what's going wrong in the department store business, particularly apparel. we had a weird spring weather wise and there's to doubt about it, higher prices are weighing on people that aren't that conducive to buying clothes. but it seems to be limited to clothes. lowe's reported a totally bang-up quarter with strength in pretty much everything that goes in a house. it's truly impressive. you have to say lo
ford, facebook, verizon, super value, u.s. air. >> wow. very interesting. okay. well u.s. general decided to take your name out and -- airlines, if the deal went through with amr, that was the trade. airline doing okay. tha they're not as bad as they used to be. airline, telco, tech, supermarket and auto, that's total diversification, i say congratulations. ♪ hallelujah >> to all of our players tonight and stick with cramer. >>> yesterday we heard terrific things about...
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Aug 13, 2013
08/13
by
KCSM
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eye 149
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curators at japan's national archives have unveiled an exhibition to show the devastating impact of u.s. air raids during world war ii. they gather together maps and other documents and put them on display in tokyo. it's the first time all of the records have been assembled for public viewing. officials with the now defunct ministry of demobilization compiled the documents at the end of 1945. they were in part responding to inquiries by japanese soldiers about what happened to their home towns. researchers for the ministry found out across japan, they took notes and made maps. they noted the destruction the raids caused in about 130 cities. one map shows extensive damage to a tokyo ward where many munitions factories were located. an order put into law by late emperor showa is also part of the exhibition. he read it over the radio on august 15th, 1945, announcing japan's surrender to allied forces. a draft of the statement shows changes made for the final version. japanese mark the 68th anniversary at the end of world war ii on thursday. >>> dozens of south koreans who survived the atomic bo
curators at japan's national archives have unveiled an exhibition to show the devastating impact of u.s. air raids during world war ii. they gather together maps and other documents and put them on display in tokyo. it's the first time all of the records have been assembled for public viewing. officials with the now defunct ministry of demobilization compiled the documents at the end of 1945. they were in part responding to inquiries by japanese soldiers about what happened to their home towns....
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Aug 13, 2013
08/13
by
CNBC
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eye 200
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that means that american airlines, largest post-merger, it would be u.s. air and american, they will no longer be number one. united, delta and then you have southwest, those guys would all move up in terms of size. american would fall back to its other spot as number three, and then you have jetblue. they would actually fall back to number six. number five would be u.s. airways. now, for u.s. airways, the -- the idea here is that it is likely to fight the doj lawsuit without the merger it remains the fifth largest airline. doug parker has said time and again that he believes this merger is good for consumers and good for the airline industry, but we should point out, as you take a look at shares of lcc, down more than 10% today, at least one firm on wall street has lowered its expectation for the merger going through from 50% down to 40%. still yet to hear from u.s. airways. my sense is we'll hear something from them in the next few minutes. when we get it, we'll pass it on to you. >> guys, thanks very much. let's bring in seth kaplan. seth, welcome. god to h
that means that american airlines, largest post-merger, it would be u.s. air and american, they will no longer be number one. united, delta and then you have southwest, those guys would all move up in terms of size. american would fall back to its other spot as number three, and then you have jetblue. they would actually fall back to number six. number five would be u.s. airways. now, for u.s. airways, the -- the idea here is that it is likely to fight the doj lawsuit without the merger it...
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shortly before the invasion kennedy ordered that no u.s. air support be given to the invasion force. it was first begun on the dictatorship. media thing we got involved in the first firefight which was the militia patrol that was guarding the city or the old town of playa hate on and and therefore after that we started them moving in then also we found the first resistance at one am in the morning of wednesday the nineteenth i was awakened by a call from the white house it was mack bundy he said i am in the president's office and he would like to have you come down here soon as possible. when i arrived in the president's office president was concerned it sharpened his comment . it was increasingly clear even with the breakdown of communication that things were going badly. no one knew. to see the american ships in the horizon and people were trying to get in whatever boats they could find to try to reach them but the fact of the matter there were too few rope boats and there was just not enough time when that broadcast came from the beach and t
shortly before the invasion kennedy ordered that no u.s. air support be given to the invasion force. it was first begun on the dictatorship. media thing we got involved in the first firefight which was the militia patrol that was guarding the city or the old town of playa hate on and and therefore after that we started them moving in then also we found the first resistance at one am in the morning of wednesday the nineteenth i was awakened by a call from the white house it was mack bundy he...
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217
Aug 26, 2013
08/13
by
FBC
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florida, and texas are maneuvering to stop the department of justice's blocked merger of american and u.s. air ways. ahead, north carolina chamber of commerce with why her state is putting up a fight. lori: donald trump a fraud, why he's sued, and what he calls taking advantage of student, and what legal council is telling fox business. we have more breaking news coming up. adam: expecting winter, cold, what did you think i was going to say? dire predictions, arctic blast expected to return with a vengeance. time for stocks, going to the floor every 15 minutes. lauren is there this morning, and the dow is up, not dramatically, despite bad news with durable goods order. >> yes, and another four-letter word for you, "slow." that's the volume here at the stock exchange, and the dow's up, s&p's up a quarter percent each. the nasdaq is the out performer here, but you're right, the durable goods trend for the month of july out an hour before the market opened this morning with a huge disappointment, down 7.3%, like a one-two punch when you take intoing the friday's disappointing numbers and nine-mon
florida, and texas are maneuvering to stop the department of justice's blocked merger of american and u.s. air ways. ahead, north carolina chamber of commerce with why her state is putting up a fight. lori: donald trump a fraud, why he's sued, and what he calls taking advantage of student, and what legal council is telling fox business. we have more breaking news coming up. adam: expecting winter, cold, what did you think i was going to say? dire predictions, arctic blast expected to return...