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While overall orders for durable goods fell in June, orders in commercial aircrafts says all is not lost.
Delta will cut fourth-quarter capacity by 4% to 6% including a 7% to 9% joint venture cut in the trans-Atlantic.
Die-hard planners will have long gotten their start on holiday travel. Time to catch up before it's too late.
American brings boldness and a sense of morality to an industry that has become predictable in its profitability.
What profit crunch? So far corporate earnings are better than expected for 2Q
Airlines face minor losses if a bill requiring reimbursement of baggage fees for delayed luggage is passed.
AMR Corporation (NYSE:AMR) hit a new 52-week low Thursday as it is currently trading at $4.72, below its previous 52-week low of $4.75 with 6.3 million shares traded as of 10:11 a.m. ET. Average volume has been 10.2 million shares over the past 30 days.
Boeing and Airbus both offered attractive terms, but American felt neither one could quickly deliver all the planes it wants.
United shows unit revenue gains in every region and beats analysts' estimates on the top and bottom lines.
American needs to negotiate new pay rates for select aircraft, and it may grow over time, meaning contract talks could speed up.
One U.S. Senator would like to see airlines refund passengers’ baggage fees anytime their luggage is late or lost, but how much would this cost the airlines?
American Airlines' big plane order gives GE engines a big win against its aerospace competitor United Technologies.
Delta and United both improved their positions by mergers; American wants to do it with a new fleet.
Stock futures are pointing to a stronger open Wednesday after Apple blew past third-quarter earnings estimates.
Riverbed Technology shares were plunging in premarket trading Wednesday after the company reported lower-than-expected revenue.
American Airlines is likely to be the only major carrier to report a second-quarter loss; Delta and United are likely to report gains.
Both Boeing and Airbus will sell new generation jets to American.
American will split its aircraft order between Boeing and Airbus, with Boeing getting the larger share, the Dallas Morning News reported.
American, expected to report a second-quarter loss Wednesday, might also place an order for up to 200 Airbus narrow-body jets.
Heading into airlines earnings season, Spirit and Alaska are the only major airlines that boast 2011 share price increases.
Just in time for the busy air travel season, Citi Cards (NYSE:C) and American Airlines (NYSE: AMR) announce today a new addition to the 24-year Citi® / AAdvantage® credit card...
Business events and economic reports scheduled for the coming week
Four of the top 10 most-despised companies are major carriers. Companies could avoid that distinction by observing a few basic rules.
AMR Corporation (NYSE:AMR) hit a new 52-week low Tuesday as it is currently trading at $5.23, below its previous 52-week low of $5.25 with 553,743 shares traded as of 9:41 a.m. ET. Average volume has been 10.7 million shares over the past 30 days.
Lloyds was surging on news the bank will cut 15,000 jobs by 2014.
American Airlines is talking with Airbus and Boeing to buy at least 250 aircraft for roughly $15 billion, The Wall Street Journal reports.
Delta and United are viewed by some as potential candidates to fly the A380, but to date they have shown no interest.
AMR Corporation (NYSE:AMR) hit a new 52-week low Wednesday as it is currently trading at $5.43, below its previous 52-week low of $5.44 with 6.4 million shares traded as of 11:46 a.m. ET. Average volume has been 11.6 million shares over the past 30 days.
American Airlines spent just over $1 million to lobby US government in first quarter
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