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August 27th, 2008 Rating: 0 Indian carter Kingfisher Airlines has tardy deliveries of some Airbus aircraft, wary of overcapacity as airlines struggle to cut outlay to offset high fuel prices and softer petition. The airline, a group of alcoholic drinks maker UB Group, has negotiated with Airbus to defer deliveries of 32 A320-family aircraft to 2010-12 from 2008/09, Chief Financial Officer Ravi Nedungadi said on Wednesday. Also, five of the 10 ..read more.
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By numerous measures, usual gas looks awfully cheap compared with crude oil." (WSJ.com) When hurricanes threaten look for a move in open gas prices. (VIX and More also Infectious Greed) "Ultimately, as the airlines have exposed, bankruptcy is not forever liquidation. Perhaps bankruptcy is what you genuinely need to honestly restructure and market cars people buy." (DealBook) Why do banks own so much Fannie and Freddie preferred supply? (DealBreaker.com) Credit spreads remain to expand ... .
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