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American Airlines

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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.
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.
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.
NEWS
October 12, 2012
American Airlines said Thursday it will reduce its flight schedule by 1 percent through the first half of November because of continuing flight delays and cancellations. While "encouraged" by improvements in some performance metrics, the Fort Worth, Tex.-based carrier said "overall, we are not yet back to the levels our customers deserve and expect. " The change will not affect holiday travel, American said in a memo to employees. American earlier reduced its flying by 1 percent to 2 percent through October.
BUSINESS
August 2, 2013 | By Linda Loyd, Inquirer Staff Writer
Now that American Airlines' creditors and shareholders have overwhelmingly approved its bankruptcy-reorganization plan to merge with US Airways, several steps remain before the deal is done. The federal court overseeing the bankruptcy of AMR Corp., American's parent, has scheduled a hearing Aug. 15 to approve the plan. European Union antitrust regulators are poised to sign off by Tuesday. The EU is expected to announce that a competitor airline - in addition to British Airways and the combined US Airways-American - will fly between Philadelphia and London.
BUSINESS
December 1, 2012 | By Linda Loyd, Inquirer Staff Writer
A significant group of financial creditors of bankrupt American Airlines said it would support a stand-alone carrier after bankruptcy only if there were to be a new board of directors - and key stakeholders, including labor, were part of the selection. The group laid out its position in a letter to American pilots' union president Keith Wilson made public to 8,000 members of the Allied Pilots Association (APA) on Wednesday. The 12 creditors, represented by the law firm Milbank, Tweed, Hadley & McCoy, said that as "material" stakeholders "we intend to be one of the primary negotiators of any plan of reorganization.
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BUSINESS
February 13, 2015 | By Linda Loyd, Inquirer Staff Writer
American Airlines will begin flying its first Boeing 787 Dreamliner in May, but it won't be to Philadelphia - not at first, anyway. Philadelphia's dominant air carrier, after merging with US Airways, announced Wednesday that flights will begin May 7 between Dallas-Fort Worth and its hub in Chicago, and beginning June 2 between Dallas-Fort Worth and Beijing. On June 4, American will fly the Dreamliner between Dallas-Fort Worth and Buenos Aires, Argentina. American said it will add more 787 routes this year as the new aircraft arrive, but declined to speculate on what the future holds.
BUSINESS
January 29, 2015 | By Linda Loyd, Inquirer Staff Writer
American Airlines and merger partner US Airways reported better-than-expected fourth-quarter earnings Tuesday, and the company expects to save $5 billion this year in lower fuel costs. Philadelphia's largest carrier does not buy expensive fuel hedges to protect against swings in oil prices. American pays market prices, and during the recent sharp drop in oil, the airline has cashed in - saving 17 percent on jet fuel in the latest quarter. Despite record profits, a new $2 billion stock buyback program announced Tuesday, and a 10-cents-per-share quarterly dividend, American's shares fell 5 percent after the company said a key revenue measure would fall in the first quarter.
BUSINESS
January 4, 2015 | By Linda Loyd, Inquirer Staff Writer
American Airlines and merger partner US Airways could enjoy more than $2.5 billion in "tailwinds" in 2015 because Philadelphia's dominant airline does not hedge its jet-fuel costs and does not have profit-sharing with employees, a Wall Street analyst said Friday. American is one of the few major airlines that does not buy hedges, which are futures contracts that lock in fuel prices in advance. Declining oil prices should be worth at least $1.3 billion to American, airline analyst Hunter Keay of Wolfe Research L.L.C.
BUSINESS
December 25, 2014 | By Linda Loyd, Inquirer Staff Writer
American Airlines Group said Tuesday that it will raise pay rates by 4 percent for union-represented employees of US Airways and American that reach joint labor contracts. Philadelphia's largest airline said nonunion employees, below the director level, will get the same 4 percent raise. A year after the merger of US Airways and American, the airline's CEO Doug Parker said, "Taking this step just one year into our integration speaks volumes about just how well American is performing.
BUSINESS
December 12, 2014 | By Linda Loyd, Inquirer Staff Writer
Airlines are enjoying record profits as oil prices drop and the global economy improves. So far, though, airlines have not passed on their profits to passengers in the form of lower airfares. But that may change. The fall in fuel prices and upturn in the economy could benefit consumers with cheaper travel, the International Air Transport Association (IATA) in Geneva said Wednesday. The trade group for the world's airlines predicted the average fare could drop 5.1 percent in 2015, excluding taxes and surcharges.
BUSINESS
December 10, 2014 | By Linda Loyd, Inquirer Staff Writer
American Airlines CEO Doug Parker said the first year since US Airways and American officially merged "has gone really well, but we are by no means done. " Since the merger was completed a year ago Tuesday, operations have been combined in more than 80 airports. Dozens of aircraft have been painted in the new American colors. Passengers can access both airlines' networks through "codeshare" ticketing. Frequent fliers can earn and redeem travel miles on US Airways and American flights.
BUSINESS
November 26, 2014 | By Linda Loyd, Inquirer Staff Writer
Travelers heading to London from Philadelphia will soon have more flight choices. Delta Air Lines announced Monday that it would begin a new nonstop flight from Heathrow Airport to Philadelphia with airline partner Virgin Atlantic starting April 8. American Airlines also announced Monday that it will add a new nonstop morning flight to Heathrow beginning March 29. US Airways currently has two evening flights from Philadelphia to London....
BUSINESS
November 6, 2014 | By Linda Loyd, Inquirer Staff Writer
US Airways and American Airlines, which are combining their frequent-flier programs, will continue to reward miles for travel based on distance flown, not fares paid. That benefits leisure travelers, who hunt for bargain fares, in contrast to business travelers, who often book expensive last-minute tickets. US Airways Dividend Miles members, who fly occasionally, won't notice much difference - they will get a new American frequent-flier number next year. US Airways' most frequent jet-setters, who log 25,000 miles or more a year, will see changes.
BUSINESS
October 25, 2014 | By Linda Loyd, Inquirer Staff Writer
U.S. airline stocks rallied Thursday after several carriers reported healthy third-quarter profits, helped by strong bookings and declining jet-fuel prices. Ebola fears have not noticeably discouraged travel, airline executives said. "The demand environment remains solid, and strong revenue trends have continued," Southwest Airlines chief financial officer Tammy Romo said on an investor call. American Airlines, Southwest, and JetBlue Airways posted record profits for the three months ended Sept.
BUSINESS
August 27, 2014 | By Linda Loyd, Inquirer Staff Writer
American Airlines and its merger partner, US Airways, are renovating a warehouse at Philadelphia International Airport to include refrigeration for pharmaceuticals and other health-care products. When it opens this fall, the temperature-controlled plant will be able to handle four to five times the current amount of perishable, time-sensitive, and valuable airfreight, including vaccines and blood products, that arrive and leave in the belly of planes on US Airways and American passenger flights.
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