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BUSINESS
August 22, 2015 | By Linda Loyd, Inquirer Staff Writer
American Airlines will discontinue flights between Philadelphia and Tel Aviv, Israel, in January because the route was losing money with intense competition from the New York-area airports. American will close its station in Tel Aviv. The airline does not fly to Israel from another city. "At the six-year mark, we have yet to turn a profit on this route," said Rhett Workman, American's managing director of government and airport affairs. "We really tried to make a go of it. We were hoping that with the merger" of US Airways and American in December 2013, "and, more recently, with the significant reduction in fuel prices, the route would turn to the black.
BUSINESS
May 30, 1996 | by Scott Flander, Daily News Staff Writer Staff writers Anthony S. Twyman and Kurt Heine contributed to this report
You might go to the airport someday soon and get the impression that American Airlines basically owns the joint. If American Airlines buys USAir Group, more than 70 percent of Philadelphia International Airport's domestic flights would be operated by American. And for Philadelphia travelers, that could mean higher fares and, maybe, fewer flights to choose from, some airline experts say. Right now, it's far from certain that American will buy USAir. But that possibility is reportedly being discussed by American Airlines and British Airways, which appear to be on the verge of a major trans-Atlantic alliance.
NEWS
August 5, 1990 | By Donald D. Groff, Special to The Inquirer
AIRPORT SURCHARGE. American Airlines has begun imposing ticket surcharges of $1 to $4 on each departing passenger at five U.S. airports, in effect passing on to customers charges that the airports have assessed the airline. The airports are New York's La Guardia, Newark International and those in New Orleans and in Fort Myers and West Palm Beach, Fla. The surcharges reflect disagreements over fees between the airline and the airports. At La Guardia, for instance, the airline objects to some airport- improvement costs with which it has been saddled.
BUSINESS
January 3, 1991 | The Inquirer Staff
American Airlines said yesterday that it would lay off an unspecified number of workers because what it termed an illegal sickout by pilots has forced the carrier to cut back its flight schedule. The nation's largest airline said it would reduce the number of flights by 4 percent in mid-January because of what it said was an organized effort by pilots to slow operations to protest a lack of progress in contract talks. The carrier normally operates about 2,300 daily flights worldwide.
BUSINESS
June 25, 2015 | By Linda Loyd, Inquirer Staff Writer
The Philadelphia region and New Jersey are home to many pharmaceutical and life-sciences companies that send and receive finished medicines and raw drug ingredients around the globe. American Airlines officials snipped a ribbon and provided tours Tuesday at Philadelphia International Airport of a new $5 million cargo refrigeration facility catering to the cold storage needs of these companies. The 25,000-square-foot renovated warehouse opened six weeks ago, and can handle nearly four times the amount of perishable, time-sensitive, and valuable airfreight - including vaccines, blood products, gene therapies, tissues, insulin and immunotherapies - that travel in the belly of planes on American and merger partner US Airways passenger flights.
NEWS
March 26, 2008 | ASSOCIATED PRESS
FORT WORTH, Texas - American Airlines canceled about 200 flights today so its crews can inspect some wire bundles aboard its MD-80 aircraft. The canceled flights represent less than 10 percent of the nation's biggest airline's scheduled service for the day. American canceled most of its flights scheduled for today between Philadelphia International Airport and its hub at Chicago O'Hare Airport, and other flights to its Dallas/Fort Worth and...
BUSINESS
March 23, 1989 | From Inquirer Wire Services
In a bid to gear up for the next decade, American Airlines said yesterday that it had placed orders for 75 twin-jet aircraft from Dutch manufacturer Fokker and 35 jetliners from Boeing Co. "Taken together, these transactions complete the task of positioning American for the 1990s," chairman Robert Crandall said at a news conference. The airline, owned by AMR Corp. in Fort Worth, Texas, also took options to purchase another 75 aircraft from Fokker. The order is the largest in Fokker's history, it said.
BUSINESS
August 10, 2012 | By Linda Loyd, Inquirer Staff Writer
American Airlines' pilots overwhelmingly rejected a tentative agreement with the bankrupt airline Wednesday, putting their fate before a federal bankruptcy judge and potentially delaying US Airways' quest to merge and create the world's biggest airline. The Allied Pilots Association, representing 8,000 pilots, voted 4,600 against and 2,935 in favor of the tentative contract. An approval would have sped American's plan to restructure and emerge from Chapter 11 reorganization as a stand-alone company, or part of a merger, one airline analyst said.
BUSINESS
July 17, 2015 | By Linda Loyd, Inquirer Staff Writer
Eighty African American and minority ramp workers employed by American Airlines in Philadelphia and Washington have asked U.S. Attorney General Loretta Lynch to investigate American for alleged racial discrimination, safety and workplace violations, and removal of faulty airline equipment during a federal investigation. The workers, who load and unload baggage and cargo from planes and operate trucks and heavy equipment on the tarmac, sent a complaint letter Tuesday, asking Lynch to look into maintenance improprieties, as well as workplace racism.
NEWS
August 21, 2012
American Airlines flight attendants have approved cost reductions, including changes to work hours and pensions, sought by the bankrupt carrier, the union said Sunday. Despite the "yes" vote, union leaders said they continue to support a merger with US Airways Group Inc. and have "zero confidence" in American's current management. "We firmly believe that the only way for American Airlines to grow and compete and perhaps even to survive is through a merger" that puts US Airways chief executive Doug Parker and his team in charge, the Association of Professional Flight Attendants said on its website.
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BUSINESS
August 22, 2015 | By Linda Loyd, Inquirer Staff Writer
American Airlines will discontinue flights between Philadelphia and Tel Aviv, Israel, in January because the route was losing money with intense competition from the New York-area airports. American will close its station in Tel Aviv. The airline does not fly to Israel from another city. "At the six-year mark, we have yet to turn a profit on this route," said Rhett Workman, American's managing director of government and airport affairs. "We really tried to make a go of it. We were hoping that with the merger" of US Airways and American in December 2013, "and, more recently, with the significant reduction in fuel prices, the route would turn to the black.
BUSINESS
August 15, 2015 | By Linda Loyd, Inquirer Staff Writer
It was a pipe dream hatched by firefighters at the Kennedy Space Center in Florida: to build a 9/11 memorial at the NASA center to honor the hundreds of firefighters and others killed when the World Trade Center towers collapsed in a terrorist attack. And they wanted to add an artifact - a 7-foot-long steel beam - recovered from the rubble at the towers. The space center firefighters raised the money to build a pair of concrete scale replicas of the twin towers. But persuading the Port Authority of New York and New Jersey to give them the relic took several years.
NEWS
August 13, 2015 | By Linda Loyd, Inquirer Staff Writer
Standard & Poor's downgraded its "A+" rating to "A" on Philadelphia International Airport's revenue bonds. The ratings agency said the outlook was "stable" for the airport's debt. "The downgrade reflects our assessments of PHL's additional borrowing plans," S&P credit analyst Joseph Pezzimenti said. He cited "high carrier concentration, moderately high exposure to connecting traffic, marginal S&P adjusted debt-service coverage, relatively weak liquidity position, and moderately high airline cost structure.
BUSINESS
August 10, 2015 | By Linda Loyd, Inquirer Staff Writer
Philadelphia has long wanted a direct flight to the Asia Pacific region. A survey of business travelers here in 2012 found the top desired international business destinations were Tokyo, Shanghai, Beijing and Mumbai, India. Philadelphia already has a lot of international service to Europe, Mexico, the Caribbean, and the Middle East. But attracting a nonstop flight to China, Japan, Hong Kong, or Korea has proven difficult. "We are the largest metropolitan area in the United States without direct nonstop service tothe Asia Pacific," Philadelphia International Airport CEO Mark Gale saidin a recent interview.
BUSINESS
July 29, 2015 | By David Sell, Inquirer Staff Writer
When Big Pharma cuts jobs and outsources work, as it often does, that creates an opportunity for other firms to grow. Marken has jumped into such a breach, taking over a link in the vast drug supply chain that begins in the lab and ends with drugs going into a patient. The company is focused on the delivery and care of temperature-sensitive products. About two-thirds of new drugs are expected to need cooling. So the Durham, N.C.-based Marken is opening a site in Aston to be near Philadelphia International Airport.
BUSINESS
July 26, 2015 | By Linda Loyd, Inquirer Staff Writer
American Airlines, Philadelphia's largest air carrier, said Friday that its second-quarter profit nearly doubled to $1.7 billion on cheaper jet fuel. The Dallas-based carrier, which transports 76 percent of air travelers in Philadelphia, said it would pass some of the gains on to investors by buying back stock. American said it repurchased more than $750 million of stock, and announced an additional $2 billion buyback plan. Second-quarter revenue fell 4.6 percent to $10.8 billion, slightly below analysts' estimates.
BUSINESS
July 17, 2015 | By Linda Loyd, Inquirer Staff Writer
Eighty African American and minority ramp workers employed by American Airlines in Philadelphia and Washington have asked U.S. Attorney General Loretta Lynch to investigate American for alleged racial discrimination, safety and workplace violations, and removal of faulty airline equipment during a federal investigation. The workers, who load and unload baggage and cargo from planes and operate trucks and heavy equipment on the tarmac, sent a complaint letter Tuesday, asking Lynch to look into maintenance improprieties, as well as workplace racism.
BUSINESS
July 12, 2015 | By Linda Loyd, Inquirer Staff Writer
American Airlines will transfer US Airways passenger bookings to the American reservations system the weekend of July 18, for travel beginning 90 days later, on Oct. 17. Airport check-in kiosks, gates, and ticket counters will get new American signage. The US Airways website will disappear at that time, American announced Friday, a key step in blending the two airlines under their 2013 merger agreement. Philadelphia International Airport is a hub for US Airways and American, which operate 460 daily flights and have 77 percent of the air travel market here.
BUSINESS
July 10, 2015 | By Linda Loyd, Inquirer Staff Writer
United Airlines grounded takeoffs nationwide for nearly two hours Wednesday morning, snarling flights for thousands during the busy summer travel period because of a computer problem. It was the second computer woe for the Chicago-based carrier in five weeks. On June 2, about 150 flights were grounded because of an issue with the flight-dispatching system. Five of United's 18 daily nonstop flights out of Philadelphia International Airport were delayed about two hours, said Mary Flannery, airport spokeswoman.
BUSINESS
July 3, 2015 | By Linda Loyd, Inquirer Staff Writer
The U.S. Justice Department is investigating possible collusion among major airlines to limit capacity, or available seats, in an effort to keep airfares high. American Airlines, which operates a hub with 460 daily flights at Philadelphia International Airport, Delta Air Lines, United Airlines, and Southwest Airlines each confirmed receiving a letter from the Justice Department in connection with the agency's antitrust probe. All said they were cooperating. Justice Department spokeswoman Emily Pierce on Wednesday acknowledged an investigation into "possible unlawful coordination by some airlines," but declined to identify the carriers.
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