U.S. airlines want to kill off domestic flights over passenger-carrying luggage

A handful of U.K.-based airlines are exploring the idea of ending domestic flights with a cargo of mattresses.The move would make travel to the U.C.I. in London more attractive for U.J. airlines, which are struggling to compete against American and European competitors.It would also make it easier for American airlines to sell their luggage to […]

New report: American freight mattress company is worth $1.9 billion

A freight mattress maker is worth about $1 billion and it has a market cap of about $3 billion, according to a report released Monday.The report by the investment bank Morgan Stanley said the firm, American Freight, is valued at about $2 billion, with about $600 million in revenue and $700 million in net income.It […]