Richard Anderson News
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Eurasia Drilling Co. is rallying in the bond market as investors bet increased spending by Russia’s biggest crude producers will drive the field-services provider’s revenue to a record.
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Delta Air Lines Inc. and US Airways Group Inc. posted profits that beat analysts’ estimates in the first quarter, traditionally the industry’s weakest period, as they filled more seats on planes.
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The U.S. Transportation Security Administration’s decision to allow pocket knives on airliners was meant to signal a philosophical shift: focus less on screening everyone for everything, and more on terrorist threats.
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Delta Air Lines Inc. will decide on returning cash to investors by mid-2013, when it predicts no change in capacity, and will seek to boost unit revenue through gains in corporate travel and fare management.
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Delta Air Lines Inc. is considering buying as many as 20 wide-body jets from Airbus SAS or Boeing Co. with a list value of at least $4.3 billion, people familiar with the matter said.
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Eurasia Drilling Co., Russia’s largest traded oilfield services company, expects to beat last year’s onshore drilling record as demand increases.
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Jerry Sandusky never showed signs of abusing young boys, a character witness said at the trial of the former Pennsylvania State University assistant football coach as the defense began putting on its case.
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Eurasia Drilling Co. expects sales to grow 12.5 percent to $3.6 billion this year as the largest Russian oil driller boosts lucrative “horizontal” projects.
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Delta Air Lines Inc. may reduce seating capacity after the peak summer travel season beyond a planned 4 percent as carriers including larger rival United Continental Holdings Inc. report slowing revenue growth.
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Delta Air Lines Inc. Chief Executive Officer Richard Anderson said the carrier’s joint venture with Air France-KLM and Alitalia has had the “economic effect of merging” and will serve as a template for future accords.
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