american airlines

American Airlines May Cut 11,000 Jobs

Published on Wed, 09/19/2012 - 11:57
By FNNO Staff in american airlines, analysis, business finance, fnno, market, news, nyse: amr, stock, trading, us airways
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By FNNO Staff
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US Airways Makes Deals with American Airlines Parent AMR

Published on Fri, 04/20/2012 - 14:42
By FNNO Staff in american airlines, amr, analysis, business, finance, investing, market, news, stock, trading, unions, us airways
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By FNNO Staff
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iPad Makes Paperless Cockpits for American Air

Published on Thu, 06/16/2011 - 14:20
By FNNO Staff in aapl, airplane, american airlines, apple, business, cockpit, finance, investing, ipad, paperless, stock, trading

American Airlines, based in Fort Worth, Texas, said Thursday that the use of the Apple Inc (NASDAQ:AAPL) device would reduce enough weight from equipment that it would cut airline's fuel bill by about $1.2 million per year.

Pilot flight bags weigh on average 35 pounds, and contain navigational charts and important flight information.

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Pilots for American Airlines began testing new U.S.-approved iPad tablets on Thursday. The tablet is part of an effort to make commercial airline cockpits paperless.

By FNNO Staff
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Delta Air Lines Reports Generally Higher May Traffic, Surpassing American Airlines

Published on Tue, 06/07/2011 - 10:09
By FNNO Staff in General Interest, dal, american airlines, business, delta air lines, finance, higher, investing, news, stock, traffic, News Update

Domestic traffic also increased by 1.9% versus last year on a 0.4% increase in capacity. Load factor for domestic increased to 85.1%.

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Delta Air Lines (DAL) today posted its May traffic results, with system traffic up 2.2% from the year-ago month on a 2.2% increase in capacity making it the world's largest carrier by traffic, surpassing American Airlines. Load fa

By FNNO Staff
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American Airlines to Cooperate with Department of Justice in Antitrust Probe

Published on Fri, 05/20/2011 - 12:25
By FNNO Staff in General Interest, AMR, american airlines, antitrust, financial, investigation, justice, market, news, shares, stock, News Update
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American Airlines (NYSE:AMR) today released a statement that it intends to fully cooperate with the Antitrust Division of the U.S. Department of Justice in an investigation into global distribution systems practices. According to

By FNNO Staff
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Morning Market Snapshot: May 12, 2011

Published on Thu, 05/12/2011 - 07:26
By FNNO Staff in General Interest, american airlines, amr, business, cisco, clearwire, clwr, csco, finance, intc, intel, investing, news, qantas, stock, Market Snapshot
american airlines, amr, business, cisco, clearwire, clwr, csco, finance, intc, intel, investing, news, qantas, stock

Good Morning. It's Thursday, May 12, 2011. At this hour, U.S. equity futures are down. Overseas, the Asian markets retreated, while the European markets are lower. Intel (INTC), owner of 32.8% of Clearwire Corp.'s (CLWR) outstandi

By FNNO Staff
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Expedia and American Airlines Reach Agreement

Published on Tue, 04/05/2011 - 15:24
By FNNO Staff in General Interest, american airlines, amr, analysis, business, expe, expedia.com, financial, market, news, stock, trading, News Update

Fare and schedule information for American are once again available on Expedia and its affiliated website Hotwire.

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American Airlines (NYSE:AMR) and Expedia (NASDAW:EXPE) have come to an agreement regarding a distribution dispute going back to December, when Expedia pulled American's fares from its website over the use of online travel sites.

By FNNO Staff
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UBS Lowers Its PT For Expedia, Maintains Netural Rating (EXPE)

The bank cited the travel website's ongoing dispute with American Airlines as a drag on air transaction growth, expecting bookings to be 10% to 15% lower year-over-year since AMR left or was pulled from the website.

Expedia has a potential upside of 21.9% based on a current price of $22.58 and an average consensus analyst price target of $27.53.

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UBS lowered its price target for Expedia Inc (NASDAQ:EXPE) to $25 from $27 and maintained its neutral rating on the company.

By FNNO Staff
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Federal Regulators Are Looking Into An Incident Where Two Jetliners Landed Without Tower Clearance

Pilots from American Airlines (NYSE:AMR) and a United Airlines (NYSE:UAL) flight were unable to reach anyone at the airport tower when they approached Reagan National early on Wednesday.

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Federal regulators are looking into a report that an air traffic controller at Washington's Reagan National Airport fell asleep this week, which forced two jetliners to land without tower clearance.

By FNNO Staff
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US Airways Still Looking For Consolidation

Mr. Kirby said, "We think there's significant value to be generated through another round of consolidation with US Airways. it's probably five to seven years from now that it will happen."

A merger would most likely pair US Airways with one of the other three big American legacy carriers: American Airlines (NYSE:AMR), Delta (NYSE:DAL) or United (NYSE:UAL).

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US Airways (NYSE:LCC) President Scott Kirby, speaking at the J.P. Morgan transportation conference, said the legacy carrier was still looking to consolidate.

By Stephanie Shyu
sshyu@fnno.com

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