IBTimes Australia : American Airlines Topic

American Airlines Kicks Out Passenger for Singing Whitney Houston’s 'I will Always Love You'

Tue, 14 May 2013 15:44:28 +1000

A woman passenger was kicked out from the plane as she was singing a Whitney Houston’s hit unstoppable.

Delta to restart dividend, launch share buyback program

Thu, 09 May 2013 01:42:03 +1000

Delta Air Lines Inc plans to return $1 billion to shareholders over the next three years, starting with its first dividend in a decade and a $500 million share buyback program, the company said on Wednesday.

United order boosts Embraer outlook despite profit miss

Tue, 30 Apr 2013 11:00:05 +1000

Brazil's Embraer SA , the world's biggest maker of regional jets, said an order for at least 30 new planes from United Airlines on Monday raised the odds of greater production next year.

Rush to help airlines, travelers could crack open U.S. budget door

Sat, 27 Apr 2013 10:00:05 +1000

Congress got rid of a headache on Friday when it rescued the flying public from flight delays caused by its budget cutting. But in the view of many U.S. lawmakers, the pain is just about to begin.

Qantas Plans Expansion to Latin America; ACCC Okays Virgin Australia 60% Takeover of Tiger Airways

Tue, 23 Apr 2013 12:10:28 +1000

Australian flag carrier Qantas Airways is planning to enter a fourth strategic alliance with Latam Airlines in a bid to boost its international business, particularly on the thriving Latin American market.

American Air says systems restored after outage

Wed, 17 Apr 2013 08:21:02 +1000

American Airlines said its computer systems were restored and flights resumed after intermittent outages on Tuesday lasting several hours had led it to ground hundreds of U.S. flights.

Big U.S. corporate takeovers drive "Merger Monday"

Tue, 16 Apr 2013 08:14:03 +1000

The more than $52 billion (34 billion pounds) worth of deals announced on Monday morning made it the busiest "merger Monday" this year, as two large U.S. corporate takeovers underscored increasing CEO interest in pursuing transformational transactions to boost growth and cut costs.

Judge denies $20 million severance to outgoing AMR chief

Fri, 12 Apr 2013 23:14:02 +1000

A judge has rejected a proposed severance package of nearly $20 million for Thomas Horton, the chief executive of American Airlines parent company AMR Corp , saying the payout wasn't allowed under federal bankruptcy law.

Judge denies AMR CEO $20 million severance

Fri, 12 Apr 2013 22:28:02 +1000

A judge has rejected a proposed severance payment of nearly $20 million for Thomas Horton, the chief executive of American Airlines parent AMR Corp , saying the payout is not allowed under federal bankruptcy law.

American Airlines, Orbitz settle dispute over distribution costs

Tue, 02 Apr 2013 03:14:02 +1100

American Airlines and online travel agency Orbitz Worldwide Inc , which have been locked in a years-long dispute over travel distribution costs and methods, on Monday said they have reached an agreement resolving the litigation between them.

American Airlines-US Airways merger gets court approval

Thu, 28 Mar 2013 07:42:02 +1100

AMR Corp , American Airlines' bankrupt parent, on Wednesday received court approval to merge with US Airways Group Inc and create the world's largest airline.

Durable goods up on transportation, home prices advance

Wed, 27 Mar 2013 00:49:02 +1100

Demand for long-lasting manufactured goods surged in February, suggesting factory activity continued to expand at a moderate pace, even though a gauge of planned business spending slipped.

Robust transportation demand buoys orders for durable goods

Tue, 26 Mar 2013 23:42:02 +1100

Demand for long-lasting manufactured goods surged in February, though a gauge of planned business spending slipped after surging the previous month, suggesting factory activity continued to expand at a moderate pace.

JPMorgan ignored risks, fought regulators: Senate

Fri, 15 Mar 2013 22:21:02 +1100

JPMorgan Chase & Co ignored risks, misled investors, fought with regulators and tried to work around rules as it dealt with mushrooming losses in a derivatives portfolio, a Senate report alleged in a damning review of the largest U.S. bank's management.

U.S. Senate - JPMorgan ignored risks, fought regulators

Fri, 15 Mar 2013 17:21:01 +1100

Analysis - Can U.S. airlines attract investors with better returns?

Fri, 15 Mar 2013 02:42:02 +1100

U.S. airline stocks, long derided as investment duds, have been gaining altitude in recent years. Now, some see room for them to fly even higher.

Analysis: Can U.S. airlines attract investors with better returns?

Fri, 15 Mar 2013 02:28:02 +1100

U.S. airline stocks, long derided as investment duds, have been gaining altitude in recent years. Now, some see room for them to fly even higher.

Brazil's Embraer swings to Q4 profit but lags forecasts

Wed, 13 Mar 2013 13:00:02 +1100

Brazil's Embraer SA , the world's third-largest commercial planemaker, swung to a fourth-quarter profit, helped by a more stable exchange rate and government steps to boost local industry although the result lagged forecasts.

KKR, Carlyle, others seek limit of Japan government funds

Fri, 08 Mar 2013 20:35:03 +1100

KKR & Co. LP , Carlyle Group LP , Bain Capital and other private equity firms urged Japan's government on Friday to shrink the role of state-backed funds, saying they could squeeze out opportunities for private capital and delay restructuring for troubled companies.

Airlines say demand holding up, shares gain

Tue, 05 Mar 2013 08:14:02 +1100

Major airlines on Monday said demand for flights seemed to be holding up despite concerns that automatic U.S. spending cuts and rising taxes would hurt travel.

MasterCard aims at mobile payment market with launch of "digital wallet"

Tue, 26 Feb 2013 01:35:02 +1100

Mastercard unveiled its bid to dominate the mobile payments market on Monday with a 'virtual wallet' allowing customers to keep personal payment details in their phone and avoid checkouts by scanning bar codes in-store to pay.

American Idol 2013, Charlie Askew: Glorify Weirdness - Top 10 Reasons to Love 'Nature Boy' aka 'Rocket Man' [VIDEOS]

Sat, 23 Feb 2013 12:41:52 +1100

American Idol 2013 (Season 12) is probably Charlie Askew's biggest social adventure yet. He has said interacting with different people has always been difficult for him, but he can express himself through music. On Thursday night, Idol viewers took a deeper look into the enigma that is Nature Boy.

Merger of American & US Airways to be Announced

Mon, 18 Feb 2013 12:24:48 +1100

At last, the merger of American Airlines and US Airways is said to be announced on the 14th of February.

After decent rally, perhaps time for a pause

Sat, 16 Feb 2013 10:28:02 +1100

Stocks could struggle to extend their seven-week winning streak as the quarterly earnings period draws to a close and the market bumps into strong technical resistance.

The matchmakers behind the AMR-US Airways marriage

Fri, 15 Feb 2013 13:00:02 +1100

After sitting out the industry's last round of mega-mergers, airline giants AMR Corp , parent of American Airlines, and US Airways Group are finally tying the knot. Meet the matchmakers: the financial and legal advisers for AMR's unsecured creditors' committee in bankruptcy.

American Air unites with US Airways to create No. 1 carrier

Fri, 15 Feb 2013 06:28:02 +1100

AMR Corp and US Airways Group on Thursday unveiled an $11 billion merger deal after months of negotiations, creating the world's biggest airline with 6,700 flights a day.

Wall Street flat as takeovers offset weak overseas data

Fri, 15 Feb 2013 04:49:02 +1100

Stocks were little changed on Thursday as a flurry of merger deals and better-than-expected jobs data offset signs of economic weakness in Europe and Japan

Stock futures dip on Europe, Japan growth data; Cisco weighs

Fri, 15 Feb 2013 00:35:03 +1100

Stock futures fell on Thursday in the wake of weaker-than-expected growth data from Europe and Japan and a disappointing outlook from technology bellwether Cisco Systems .

American Airlines, US Airways say plan $11 billion merger

Thu, 14 Feb 2013 22:49:02 +1100

American Airlines and US Airways Group said they plan to merge in a deal that will form the world's biggest air carrier, which will have a combined equity value of $11 billion.

American-US Air $11 billion merger gets board OK - sources

Thu, 14 Feb 2013 12:14:02 +1100

The boards of AMR Corp and US Airways Group Inc each met on Wednesday to approve a merger that would create the world's largest airline with an expected market value of around $11 billion, people familiar with the matter said.