Author Archives: aradmin

Delta Airlines jet among area transportation casualties from Monday snowstorm

Planes, trains and automobiles came to a screeching halt Monday afternoon when a fast-moving storm dumped nearly three inches of snow on the Madison area and created an icy transportation nightmare.

No serious injuries were reported from a slew of snow-related incidents, including a Boeing 737-800 jet operated by Delta Airlines that slid off a taxiway just after it landed at about 4 p.m. at the Dane County Regional Airport, authorities said. The airport was closed for less than an hour after the incident.

An hour later, a train collided with a car that was stuck on the tracks in heavy traffic at the intersection of John Nolen Drive and Olin Avenue, according to Madison police Sgt. Tim Patton.

The driver of the car was unhurt even though he had remained in his vehicle and tried to pull forward when it was struck.

John Nolen Drive was closed for about 20 minutes, further snarling an already messy traffic situation at the height of the evening commute, Patton said.

“It was a bad day for mass transit,” Patton added. “But considering that planes and trains were involved and nobody was hurt, that was a pretty good day.”

Delta Airlines Flight 385 from Minneapolis-St. Paul slid off a taxiway and stopped in the snow just after exiting the main runway, airport spokesman Brent McHenry said.

The 60 passengers and six crew were bused to the terminal less than 45 minutes after the incident, McHenry added.

Passengers said it wasn’t a particularly dramatic experience.

They felt the plane land like normal, passenger Kevin Fearon said, but as it slowly moved toward the terminal it seemed to slide and miss a turn.

“It just kept going straight,” said Fearon. “You felt that it was skidding.”

“Just like a car when you can’t stop,” said Denise Penn, who also was on the flight. “That was it — it was really a non-event.”

Fearon admitted to letting out a yell as the plane slid. When he and fellow passenger Chris Leo arrived at baggage claim, a Delta employee greeted them with vouchers worth $100 off their next flight.

Crews from the Madison Fire Department responded to the incident, spokeswoman Lori Wirth said.

Although it was snowing at the time, McHenry said he didn’t know if the taxiway was snow-covered when the jet slid off it.

He said the process of keeping runways and taxiways clear begins before snow starts to accumulate on the ground.

“It’s a very rare occurrence that these types of incidents happen,” McHenry said.

The last time a passenger jet slid off a taxiway or runway at the airport, according to State Journal archives, was Dec. 2, 2007, when United Express Flight 7258 from Chicago failed to turn onto a taxiway from the runway in icy conditions. There were no injuries in that incident.

Monday’s storm, which the National Weather Service said dropped 2.7 inches of snow at the Dane County airport, began early in the afternoon and immediately started causing problems on roads in Dane County.

The car that was struck by the train tried to move out of its way but traffic ahead of it kept it from moving completely off the tracks, Patton said.

The train hit the back end of the car, which was pushed into the car that was in front of it, Patton added.

Dozens of cars slid off icy roadways into snowy ditches on county roads, said Lt. Kerry Porter of the Dane County Sheriff’s Office.

“The temperatures were so cold that any moisture was just sticking on the roads and they iced up,” Porter said.

He said sheriff’s deputies were tied up dealing with crashes until the storm moved out of the area around 6 p.m.

“It was pretty steady but we didn’t have any significant crashes,” Porter said. “They were all non-injury.”

— State Journal reporter Nico Savidge contributed to this report.

Delta Airlines jet among Wisconsin transportation casualties from Monday snowstorm

Dec. 17–Planes, trains and automobiles came to a screeching halt Monday afternoon when a fast-moving storm dumped nearly three inches of snow on the Madison area and created an icy transportation nightmare.

No serious injuries were reported from a slew of snow-related incidents, including a Boeing 737-800 jet operated by Delta Airlines that slid off a taxiway just after it landed at about 4 p.m. at the Dane County Regional Airport, authorities said. The airport was closed for less than an hour after the incident.

An hour later, a train collided with a car that was stuck on the tracks in heavy traffic at the intersection of John Nolen Drive and Olin Avenue, according to Madison police Sgt. Tim Patton.

The driver of the car was unhurt even though he had remained in his vehicle and tried to pull forward when it was struck.

John Nolen Drive was closed for about 20 minutes, further snarling an already messy traffic situation at the height of the evening commute, Patton said.

“It was a bad day for mass transit,” Patton added. “But considering that planes and trains were involved and nobody was hurt, that was a pretty good day.”

Delta Airlines Flight 385 from Minneapolis-St. Paul slid off a taxiway and stopped in the snow just after exiting the main runway, airport spokesman Brent McHenry said.

The 60 passengers and six crew were bused to the terminal less than 45 minutes after the incident, McHenry added.

Passengers said it wasn’t a particularly dramatic experience.

They felt the plane land like normal, passenger Kevin Fearon said, but as it slowly moved toward the terminal it seemed to slide and miss a turn.

“It just kept going straight,” said Fearon. “You felt that it was skidding.”

“Just like a car when you can’t stop,” said Denise Penn, who also was on the flight. “That was it — it was really a non-event.”

Fearon admitted to letting out a yell as the plane slid. When he and fellow passenger Chris Leo arrived at baggage claim, a Delta employee greeted them with vouchers worth $100 off their next flight.

Crews from the Madison Fire Department responded to the incident, spokeswoman Lori Wirth said.

Although it was snowing at the time, McHenry said he didn’t know if the taxiway was snow-covered when the jet slid off it.

He said the process of keeping runways and taxiways clear begins before snow starts to accumulate on the ground.

“It’s a very rare occurrence that these types of incidents happen,” McHenry said.

The last time a passenger jet slid off a taxiway or runway at the airport, according to State Journal archives, was Dec. 2, 2007, when United Express Flight 7258 from Chicago failed to turn onto a taxiway from the runway in icy conditions. There were no injuries in that incident.

Monday’s storm, which the National Weather Service said dropped 2.7 inches of snow at the Dane County airport, began early in the afternoon and immediately started causing problems on roads in Dane County.

The car that was struck by the train tried to move out of its way but traffic ahead of it kept it from moving completely off the tracks, Patton said.

The train hit the back end of the car, which was pushed into the car that was in front of it, Patton added.

Dozens of cars slid off icy roadways into snowy ditches on county roads, said Lt. Kerry Porter of the Dane County Sheriff’s Office.

“The temperatures were so cold that any moisture was just sticking on the roads and they iced up,” Porter said.

He said sheriff’s deputies were tied up dealing with crashes until the storm moved out of the area around 6 p.m.

“It was pretty steady but we didn’t have any significant crashes,” Porter said. “They were all non-injury.”

Delta adding flights from NYC to Syracuse

Syracuse, N.Y. (PIX11) — Delta Airlines is expanding its reach in upstate New York with flights to Syracuse.

New York Sen. Charles Schumer announced that Delta will add several flights to major airport hubs starting next year.

Two daily flights will be added to JFK International Airport in April.

Schumer says Delta will also boost service from Syracuse to Minneapolis and Atlanta.

Bull of the Day: Delta Airlines (DAL)

With a strong consumer, rising business confidence and stable oil prices, it should come as no surprise that the airline sector has been performing extremely well this year. In fact, many companies in this segment have more than tripled the market’s return from a YTD look, with gains in excess of 80% not uncommon.

The surge has been pretty widespread too, with both so-called legacy carriers and discount airlines seeing strong performances. One company in the legacy space that has been especially impressive and a great example of this incredible trend is undoubtedly Delta Airlines (DAL).

Delta in Focus

Delta is, following the merger between American and US Airways, the second biggest airline in the world. The firm is probably most famous for its hub at Hartsfield-Jackson airport in Atlanta, though it has a big presence in Detroit, Minneapolis, and New York City as well.

The stock was cleared for takeoff at the start of 2013, and it really hasn’t looked back besides some minor turbulence in April. DAL has actually more than doubled so far this year, putting up a 130% gain YTD, including a 50% move higher in the past six months alone.

This is obviously a huge move, and especially so for a company in a pretty cutthroat industry, but there is plenty of reason to believe that this can continue as we head into 2014 if you look at the company’s profit and growth outlook for the coming year.

Delta Earnings Outlook

Thanks to the strong industry outlook and the pressure that is currently on oil prices, many analysts are looking for DAL to continue to grow earnings in the months ahead. Current estimates peg this quarter’s earnings growth (yoy) at 121%, while current year growth is expected to be in the high double digits, hitting 70% year-over-year.

These figures also represent how bullish analysts have become on DAL’s earnings prospects in just the past few months. Estimates for the current quarter have surged from 50 cents a share 90 days ago to 62 cents a share today, while current year estimates have jumped by 11% over the same time period.

 
While this increased expectation might be troubling to some, DAL does have a pretty good track record in earnings season. This includes a pretty solid history of earnings beats—three straight beats and only one miss in the last eight reports—so there is plenty of reason to believe that DAL will have no trouble matching estimates once again next year.

Thanks to these factors and the impressive trend in the economy, DAL has earned itself a Zacks Rank #1 (Strong Buy). And since DAL was just added to the #1 Rank group on Friday December 13th, investors shouldn’t worry that they have missed their flight to profits with this impressive stock.

Bottom Line

The economy is humming along and cyclical sectors have been a prime beneficiary from this surge in sentiment. One segment that has really been a winner from a stock perspective is the airline industry.

And with some of the other factors at play in the economy—such as surging consumer confidence and lower oil prices—a play in this sector seems like a no-brainer. This is particularly true when you consider that the Zacks Industry Rank for the airlines is 27 out of 260, putting it within the top 10%.

Yet, while a broad play on the airline space could be a very interesting idea, a look to DAL could be even better. This has been one of the best performing airlines so far in 2013, and with its strong competitive position and huge scale, this could be a big winner—and top pick—for 2014 too.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

DELTA AIR LINES (DAL): Free Stock Analysis Report

Zacks Investment Research

Delta Airlines, Mobile Mini, Coca-Cola, PepsiCo and Dr Pepper Snapple Group highlighted as Zacks Bull and Bear of the …

Chicago, IL – December 16, 2013 – Zacks Equity Research highlights Delta Airlines (DALFree Report) as the Bull of the Day and Mobile Mini (MINIFree Report) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on the The Coca-Cola Company (KOFree Report), PepsiCo, Inc. (PEPFree Report) and Dr Pepper Snapple Group Inc. (DPSFree Report).
 
Here is a synopsis of all five stocks:

Bull of the Day:

With a strong consumer, rising business confidence and stable oil prices, it should come as no surprise that the airline sector has been performing extremely well this year. In fact, many companies in this segment have more than tripled the market’s return from a YTD look, with gains in excess of 80% not uncommon.
 
The surge has been pretty widespread too, with both so-called legacy carriers and discount airlines seeing strong performances. One company in the legacy space that has been especially impressive and a great example of this incredible trend is undoubtedly Delta Airlines (DALFree Report).
 
Delta is, following the merger between American and US Airways, the second biggest airline in the world. The firm is probably most famous for its hub at Hartsfield-Jackson airport in Atlanta, though it has a big presence in Detroit, Minneapolis, and New York City as well.
 
The stock was cleared for takeoff at the start of 2013, and it really hasn’t looked back besides some minor turbulence in April. DAL has actually more than doubled so far this year, putting up a 130% gain YTD, including a 50% move higher in the past six months alone.
 
This is obviously a huge move, and especially so for a company in a pretty cutthroat industry, but there is plenty of reason to believe that this can continue as we head into 2014 if you look at the company’s profit and growth outlook for the coming year.
 
Thanks to the strong industry outlook and the pressure that is currently on oil prices, many analysts are looking for DAL to continue to grow earnings in the months ahead. Current estimates peg this quarter’s earnings growth (yoy) at 121%, while current year growth is expected to be in the high double digits, hitting 70% year-over-year.

Bear of the Day:

Thanks to a pretty healthy construction market, many companies involved in this segment have soared so far in 2013. However, with the high probability of the Fed tapering sooner rather than later and sluggish earnings, some companies have been seeing choppier trading as of late, and could be facing significant headwinds in the months ahead.
 
A perfect example of this trend is Mobile Mini (MINIFree Report), a company that provides mobile storage solutions in the U.S., Canada, and parts of Western Europe. MINI is up over 70% so far in 2013, but thanks to a recent earnings miss and a poor outlook for this space, it may be best to move on from this name and focus on others in the broader construction world.
 
At the last earnings report, MINI reported EPS of 28 cents a share, missing the estimate of 32 cents a share. This follows another miss for MINI, as the firm reported earnings of 25 cents a share compared to a 27 cent/share estimate.
 
Thanks to this miss and some concerns about the construction market with the likely higher rates, analysts have been reevaluating their position on MINI. Not a single estimate has gone higher in the past quarter for the company, pushing the consensus estimate sharply lower.
 
Additional content:
 
Coca-Cola to Restructure American Biz
 
The Coca-Cola Company (KOFree Report) recently announced organizational and management changes in its Coca-Cola Americas to speed up refranchising to independent bottling partners.  Effective from Jan 1, 2014, the North American business of The Coca-Cola Company will be segregated into a traditional company and bottler operating model.
 
The North American business will comprise two operating units, Coca-Cola North America (:CCNA) and Coca-Cola Refreshments (:CCR). Coca-Cola North America will be led by J.A.M. Douglas who will head North America Brands, Foodservice, Brand Commercial, Retail Sales, Research Development, Venturing and Emerging Brands, Strategy, Franchise Leadership and Transformation and the Canadian franchise operations.
 
Coca-Cola Refreshments (:CCR), the bottling operations of North America, will be headed by Paul Mulligan.  Coca-Cola Refreshments will be considered as a part of Bottling Investments Group (BIG). Mulligan will lead the operations of CCR Canada, Product Supply Chain and Service, Bottler Commercial, Customer Care and Region Sales.
 
Changing consumer preferences, increasing health consciousness, rising obesity concerns and growing regulatory pressures have tremendously pressurized the carbonated soft drinks (CSD) category in North America. These category headwinds are thus significantly affecting CSD sales of PepsiCo, Inc. (PEPFree Report), Coca-Cola and another beverage company, Dr Pepper Snapple Group Inc. (DPSFree Report). The present changes will further boost the growth of the company.
 
Last year, the company plans to launch a new beverage partnership model, under which it will grant new expanded U.S. territories to five of its bottlers to distribute its beverages. The agreement is expected to improve the efficiency of the operating territories and overall profits in the U.S. by shifting to a more franchise-based model.
 
The Coca-Cola Company carries a Zacks Rank #3 (Hold).
 
Get today’s Zacks #1 Stock of the Day with your free subscription to Profit from the Pros newsletter:
 
About the Bull and Bear of the Day
 
Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.
 
About the Analyst Blog
 
Updated throughout every trading day, the Analyst Blog provides analysis from Zacks Equity Research about the latest news and events impacting stocks and the financial markets.
 
 About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
 
Zacks “Profit from the Pros” e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Click here to subscribe to this free newsletter today.
 
About Zacks
 
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it’s your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.
 
Get the full Report on DAL – FREE
Get the full Report on MINI – FREE
Get the full Report on KO – FREE
Get the full Report on PEP – FREE
Get the full Report on DPS – FREE
 
Follow us on Twitter:  http://twitter.com/zacksresearch
 
Join us on Facebook:  http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
 
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
 
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com
 
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks “Terms and Conditions of Service” disclaimer. www.zacks.com/disclaimer.
 
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The SP 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Big Show Knocks Delta Airlines, Post-WrestleMania RAW Pre-sale, Jericho's Book, Pillman

– Sports writer Peter King has published a series of tweets about the late former WCW and WWE star Brian Pillman from Pillman’s days at the Cincinnati Bengals NFL training camp. You can read them at this link.

– Chris Jericho noted on Twitter that he has a great story about Bob Barker hosting RAW in the new book that he’s working on.

– The pre-sale for the WWE RAW the night after WrestleMania XXX is currently going on and the pre-sale code is CHAMP. RAW that night will take place from the New Orleans Arena. Ticket prices range from $15 to $95.

– Big Show, who rarely tweets, called out Delta airlines on his Twitter this morning:

“The level of incompetence that @Delta airlines exhibits is staggering.”

HHH and Vince Meet with Shawn Michaels, Must See New Paige Photos, More

Big Show Knocks Delta Airlines, Post-WM WWE RAW Pre-sale, More

– Sports writer Peter King has published a series of tweets about the late former WCW and WWE star Brian Pillman from Pillman’s days at the Cincinnati Bengals NFL training camp. You can read them at this link.

– Chris Jericho noted on Twitter that he has a great story about Bob Barker hosting RAW in the new book that he’s working on.

– The pre-sale for the WWE RAW the night after WrestleMania XXX is currently going on and the pre-sale code is CHAMP. RAW that night will take place from the New Orleans Arena. Ticket prices range from $15 to $95.

– Big Show, who rarely tweets, called out Delta airlines on his Twitter this morning:

“The level of incompetence that @Delta airlines exhibits is staggering.”

HHH and Vince Meet with Shawn Michaels, Must See New Paige Photos, More

Delta announces more flights for Hancock passengers

Syracuse (WSYR-TV) – An announcement from Delta airlines signals good news for passengers flying out of Hancock International Airport.

On Thursday, Delta announced it will expand the number of flights flying from Hancock to New York City’s JFK airport.

Beginning in April, Delta will add two additional round trip flights.

The airline will also add more flights from Syracuse to Minneapolis and upgrade service from Hancock airport to Atlanta by flying a plane with more seating capacity.

All the changes will take effect next year.

Kids fly on Santa Express to North Pole


  • See bio, contact info, and more articles from Reid Johnson

    6 hours ago

    by

    Photojournalist

SEATTLE — Delta Airlines partners with Safe Crossings to fly 85 children and their families to the North Pole for Christmas.

VIEW ADD COMMENTS

Leave a Reply Cancel reply

Gravatar

WordPress.com Logo

Twitter picture

Facebook photo

Google+ photo

Connecting to %s

Qantas to blame for ‘financial mess’, says Branson

Virgin boss Richard Branson has blasted rival Qantas, saying the airline wouldn’t be in a financial mess if it was “better managed and offered the public a decent service”.

Writing on his blog at virgin.com, Branson claimed Qantas was suffering because Virgin Australia, in which his Virgin Group has a 10% stake, offered more customer choice and better value.

Branson was responding to a demand from Qantas that the Australian government cancels Virgin Australia’s international flying rights after the latter announced it was raising $350 million capital underwritten by its key stakeholders, Singapore Airlines, Etihad and Air New Zealand.

It claimed it was unfair it should have to compete with an airline whose losses were being underpinned by three state-owned carriers.

However, Branson said Qantas’ alliances were still larger than Virgin’s and it was determined to bleed his company dry. “But our improved position is having a big impact on Qantas, who are now complaining about the intensified competition,” he said.

“It seems strange to me that a Liberal Government would even consider tilting the playing field once again in Qantas’ favour. It would be grossly unfair, undermine the great work of Virgin Australia’s management team and staff and bewilder investors in Australia and worldwide.

“ If Qantas was better managed and offered the public a decent service; it would not be in the financial mess it is currently claiming it is in. Government should be there to encourage competition, not to prop up the weak when the going gets tough.”

Wednesday, December 4, 2013