April 24, 2016 |
American Airlines flew into headwinds with investors Friday. Shares traded down $1.80 to close at $38.21 after Philadelphia's largest carrier reported a first-quarter profit that beat estimates, but analysts and investors worried about the company's near-term revenue guidance. The world's largest airline by passenger traffic earned $700 million, or $1.14 a share, down from $932 million, or $1.39 a share, a year earlier. Passenger unit revenue, the amount for each seat mile flown and a key industry measure, declined 7.5 percent in the three months ended March 31. American predicted a similar drop - between 6 percent and 8 percent - in the second quarter.
April 20, 2016 |
A PERFECT storm is brewing at U.S. airports ahead of the busy summer travel season: longer lines to get through security screening. Airlines and airports are warning fliers to get to the airport two hours early for domestic flights and three hours for international trips. Traffic is up, TSA staffing is down, and the security workers who remain are charged with carrying out more stringent measures after recent terror attacks. Passengers on American Airlines in Philadelphia and in four other cities got a taste of the longer waits over spring break, March 14 to March 20, when lines through screening checkpoints were an hour or longer.
April 13, 2016 |
American Airlines saidpassenger traffic increased by 3.3 percent on 3.8 percent more capacity -- seats and flights -- in March compared to a year earlier. Planes were 81.7 percent full. Philadelphia's largest carrier, which operates 76 percent of flights at Philadelphia International Airport, said it expects first-quarter passenger unit revenue to fall 7 percent to 8 percent, worse than an earlier forecast for a 6 percent to 8 percent slide. American last week suspended its Philadelphia to Brussels flight until June 14. American said it will operate the Brussels flight only during the peak summer travel months, and not year around.
April 11, 2016
Q: I recently booked two tickets to Scotland on American Airlines for this summer. A few weeks ago, I saw that the cost of the tickets had dropped considerably. I called American about this and said I felt I was being penalized for booking early. The representative spoke to her boss about the discrepancy in price and said the airline would issue two vouchers for $494 each. She said the flight had to be booked within a year but I could travel later than a year. She also told me they were transferable.
April 9, 2016 |
American Airlines said Thursday it will resume Philadelphia-to-Brussels flights as a seasonal flight starting June 14. The flight, which operated daily except Tuesdays, has been suspended since the terrorist attacks last month. This year, the flights will operate in the peak summer season between June 14 and Aug. 21 and they will resume in May 2017, jetting out six days a week. American Airlines spokeswoman Victoria Lupica said the decision about the Brussels flight does not affect Philadelphia's other European destinations.
April 4, 2016
Question: I booked a round-trip frequent-flier ticket (25,000 miles) on American Airlines last year for a trip from Chicago to San Antonio when I learned that my Army son was going to be promoted to major in San Antonio on Labor Day weekend. As is common in the Army, he was sent to Fort Leavenworth, Kan., a few months later, so he had his promotion ceremony in Illinois, not Texas. I called American to see whether I could get my miles back and was told that it would cost me $150 to do so. I was wondering whether you thought there was any chance for me to get the miles back at no cost, or for a reduced cost, since it was only because of the military's change to my son's orders that I did not complete the trip as planned.
March 31, 2016 |
The reopening of Brussels Airport has been delayed indefinitely following last Tuesday's terrorist attack because of terminal damage and the need for additional security measures at all Belgian airports ordered by the Belgian government. American Airlines, which operates 76 percent of the flights at Philadelphia International Airport, said Tuesday that it would route passengers through other airports in Europe until it can resume its daily flight to and from Brussels to Philadelphia.
March 26, 2016 |
American Airlines said its Philadelphia flight to Brussels will not resume until Wednesday March 30 with the first return flight from Brussels on Thursday March 31. American, which operates a hub and 76 percent of the flights at Philadelphia International Airport, issued an update and said flight plans are "subject to change, pending direction from Brussels Airport and the appropriate authorities. " Customers booked on cancelled flights are being re-routed through other airports in the region, the airline said.
March 25, 2016 |
American Airlines, the largest carrier at Philadelphia International Airport, announced Wednesday it will begin profit sharing with employees based on 2016 earnings. The payout will be 5 percent of every pre-tax dollar earned, and will go to about 110,000 of American's 120,000 employees. Some managers will not qualify. Delta, Southwest, and United airlines all have employee profit sharing. The announcement by American CEO Doug Parker and president Scott Kirby came after unions for American pilots and flight attendants pressed hard to share in the profits - $7.6 billion in 2015.