americanairlines
Influencer Morgan Osman is denying allegations that she was asked to leave an American Airlines flight and is claiming that she left of her own volition. Osman shared that she was on the flight when another woman approached her and accused Osman of sitting in her seat. “I don’t know who you think you’re talking to but it won’t be me,” she stated to TMZ about her conversation with the woman. The woman told her to “get up now” and sat next to Osman and “got on Facetime and she’s making fun of me on Facetime.” She described the woman as having “neon-blue hair” and stated that “she was very spec...
uInterview.com
New York (AFP) - American Airlines reported blowout second-quarter earnings on Thursday on strong demand and lower jet fuel prices, but shares still tumbled on disappointment with the company's outlook. While the big US carrier lifted its full-year projections, Wall Street analysts said the fine print in the forecast suggested a greater ebbing of pricing strength compared with competitors. The results follow robust reports last week from Delta Air Lines and on Wednesday from United Airlines, with the latter elaborating Thursday on its response to weather-related disruptions late last month at ...
AFP
New York (AFP) - JetBlue said Wednesday it will wind down an alliance with American Airlines rather than challenge a US court ruling that determined the joint venture was anti-competitive. While JetBlue held a "deep conviction" that the Northeast Alliance (NEA) with American enhanced the offerings to customers at New York and Boston airports, the carrier "has made the difficult decision not to appeal the court's determination," JetBlue said in a statement. The company has "instead initiated the termination of the NEA, beginning a wind down process that will take place over the coming months," ...
AFP
New York (AFP) - American Airlines reported a profitable first quarter Thursday and said persistently robust travel demand would translate to even stronger results in the current period. "Demand for American's product remains strong," the company said in a press release. "Domestic and short-haul international revenue continue to perform well and the airline has seen noticeable strength in long-haul international demand and yield performance this year." Profits were $10 million, compared with a loss of $1.6 billion in the year-ago period. Revenues were $12.2 billion, up 37 percent. American pro...
AFP
National Center and the American Civil Rights Project Demand American Airlines Rescind Illegal Race and Sex-Based Policies Washington, D.C. – The National Center for Public Policy Research and the American Civil Rights Project (ACR Project) have demanded that American Airlines Group Inc (NASDAQ:AAL) rescind unconstitutional policies that discriminate based on race and sex. Q4 2022 hedge fund letters, conferences and more American Airlines' Illegal Hiring Policies"Hiring and promoting solely on the basis of merit is a core fiduciary duty of all publicly traded companies. Hiring pilots and other...
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New York (AFP) - American Airlines reported a strong third quarter Thursday, capitalizing on robust demand for travel that the company sees persisting as Covid-19 worries recede. Echoing commentary from rivals such as United Airlines and Delta Air Lines, American scored a 13 percent jump in revenues compared with the 2019 period on lofty ticket prices, despite flying around 10 percent less capacity. "Demand remains strong, and it's clear that customers in the US and other parts of the world continue to value air travel and the ability to reconnect post-pandemic," said American Chief Executive ...
AFP
American Airlines has placed a large deposit for 20 supersonic jets, known as Overture, from Colorado-based manufacturer Boom. The new planes are still in development and are expected to take off in the near future, though the exact timeline is still uncertain. The investment was made according to the company’s plans to compete with other airlines, including Southwestern and United Airlines. The last supersonic jet to fly the air was the Concorde, an Anglo-French hybrid plane that failed due to high costs and a crash that left the entire crew and passengers dead. The CEO of Boom, Blake Scholl,...
uPolitics.com
New York (AFP) - Strong travel demand has enabled the biggest US airlines to return to profitability, but efforts to restore capacity back to pre-pandemic levels face manpower and cost challenges. For the first time in the Covid-19 era, both American Airlines and United Airlines reported profitable quarters without the benefit of government support programs. Delta Air Lines also was profitable in the second quarter, but had previously reached this milestone in the third quarter of 2021. So-called "pent-up demand" for flying has led to brisk ticket sales despite high prices. American's revenues...
AFP
New York (AFP) - American Airlines reported a profitable second quarter Thursday as the ebbing of the Covid-19 pandemic resulted in record revenues despite the hit from higher fuel costs. The big US carrier said its first profitable quarter since the start of the pandemic was due to operations rather than government support programs. Profits were $476 million compared with just $19 million in the year-ago period. Revenues jumped about 80 percent to $13.4 billion, the most in the company's history. Jet fuel costs were more than double the level from the 2021 period. Pricey tickets have fueled...
AFP
Representatives of some of the biggest U.S. passenger airlines asked President Joe Biden to end the mask mandate onboard planes, saying that it is no longer aligned with the current epidemiological environment. “Makes No Sense”According to Fox Business, airline CEOs of the likes of American Airlines Group Inc (NASDAQ:AAL), Delta Air Lines Inc (NYSE:DAL), and JetBlue Airways Corporation (NASDAQ:JBLUE), sent Biden a letter asking for the mask mandate to be lifted, citing the protection aircraft cabins offer. Q4 2021 hedge fund letters, conferences and more “It makes no sense that people are stil...
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