AA LOSS OF $436M
American Airlines parent AMR Corp. yesterday reported a first-quarter net loss of $436 million, narrowed from a $505 million net deficit for the same period last year. First-quarter revenue rose 9.2% ...
American Airlines parent AMR Corp. yesterday reported a first-quarter net loss of $436 million, narrowed from a $505 million net deficit for the same period last year. First-quarter revenue rose 9.2% ...
Airline passengers in the US will now be entitled to $1,300 when they are forced to give up their seat on an overbooked flight, a 63% increase on the current rules. New Federal rules from the US Trans...
Sabre Travel Network has stated in an email to subscribers that American Airlines through its new commitment policy had "threatened" some travel agents with a new fee of $5.50 per segment booked throu...
US carriers need a better pricing model that can cope with the fluctuations in the price of fuel, says equities analyst Jamie Baker of JP Morgan. In a note he said: "We can think of few consumer produ...
Jackson Square Aviation (JSA) has delivered the fourth Boeing 737-846 aircraft to Japan Airlines. The aircraft is on a long-term operating lease. The senior debt was provided by DVB Bank. "We are thri...
ALC’s IPO sold 30.3 million Class A shares, 5.3 million more than anticipated, at the midpoint of its $25-to-$28 price range. JP Morgan and Credit Suisse managed the offering. ALC has 46 commercial ai...
American Airlines flight attendants are picketing 10 US airports today in protest of the $100 million paid to top executives over six years even though they agreed to $340 million in annual concession...
Transportation Secretary Ray LaHood has stated that the crash of two aircraft on the taxiway at New York’s JFK airport last week was due to human error, although he did not specify whether it was pilo...
Analysts have stated that Boeing shares are undervalued and could be poised to climb by 35% over the next year or two, thanks to a big upturn in aircraft orders. The April 18 Barron’s report says worr...
Bad news for airlines but good news for passengers as the US Department of Transport looks to propose laws that require airlines to pay back baggage expenses when bags are lost or delayed. It would re...
V Australia has chartered an Air New Zealand Boeing 747 to ferry passengers home from LA after the airline’s Los Angeles-Sydney flight VA02 made an emergency aborted takeoff at LAX airport last night....
Macquarie AirFinance has leased an A320-200, MSN 2204, to Volaris on April 14. It was formerly on lease to White Airways. It has also leased a 737-800 to Caribbean Airlines, MSN 30720, on April 5. T...
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