All American Airlines articles – Page 13
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News
Crisis spurs competition regulator to prolong Oneworld transatlantic pact
UK competition regulators have imposed interim measures to address concerns over transatlantic routes operated under the Oneworld alliance’s joint business arrangement, having opted not to accept concession proposals put forward earlier this year. Oneworld carriers British Airways and American Airlines had offered slots at London Heathrow or Gatwick to alleviate ...
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Airline Business
Why transatlantic return matters so much to airlines
When Virgin Atlantic broke the news it would need to cut over 1,000 more jobs, even having secured its future within £1.2 billion ($1.6 billion) in refinancing commitments, it underlined just how damaging the failure to reignite the key transatlantic market was.
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Delta and American follow United in abolishing change fees
A day after United Airlines killed the long-hated change fee, Delta Air Lines and American Airlines have matched the Chicago-based carrier’s move, also pledging to “permanently” eliminate all change fees for domestic and some international travel.
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News
American cuts 15 cities from network as government aid expires
American Airlines intends to axe routes to 15 destinations, as it begins trimming its network due to the expiration of government aid and a lack of demand for air travel.
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News
Neste delivers sustainable aviation fuel in San Francisco
Finnish renewable fuels producer Neste has begun supplying three of the United States’ largest airlines with sustainable aviation fuels (SAF) for flights from San Francisco International airport.
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News
American losses top $2bn as crisis hammers airline in second quarter
American Airlines posted a net loss of $2.1 billion during a devastating second quarter as the coronavirus brought air travel and the global economy to a near-standstill.
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News
Airlines call for joint Europe-USA coronavirus testing programme
Chief executives at IAG, Lufthansa, American Airlines and United Airlines have written a letter to US vice-president Mike Pence and European home-affairs commissioner Ylva Johansson, urging them to adopt a joint Covid-19 testing programme to enable transatlantic passenger flights to resume.
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Airline Business
American’s pilots blast JetBlue strategic agreement
American Airlines’ pilots have harshly criticised a planned partnerhip with JetBlue Airways that could become a case study of how major US airlines plan to weather the coronavirus downturn..
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News
American and JetBlue unveil strategic partnership focused on Northeast USA
American Airlines and JetBlue Airways have announced the formation of a “strategic partnership” under which they propose to operate codeshare flights and reciprocal frequent flier benefits.
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News
American Airlines warns 25,000 employees of pending job losses
American Airlines has warned 25,000 employees that they may be out of a job when the USA’s federally funded payroll support programme runs out on 1 October.
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News
American expects this week to notify pilots of layoffs
American Airlines intends to notify pilots this week of potential layoffs, a move coming after executives estimated the airline may need to cut some 1,500 pilot jobs.
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News
American seeks Boeing’s help to avoid 737 Max cancellations: report
American Airlines is reportedly seeking Boeing’s help to arrange financing for the purchase of at least one dozen 737 Max jets scheduled to be delivered this year, with the fate of those orders hanging in the balance.
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News
Major US airlines announce schedule changes
The three US legacy passenger carriers have announced changes to their schedules after a four-month period in which capacity and demand had hit all-time lows due to the coronavirus pandemic.
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News
American adds $2bn to balance sheet
American Airlines has priced its common stock offering and convertible bond raising nearly $2 billion.
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American Airlines sees encouraging demand trend
American Airlines says it has transported an average of 127,000 passengers daily in June so far, up from a low of 32,000 passengers in April, as travelers once again take to the sky while the global coronavirus crisis enters its fourth month.
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News
American to operate 55% of its 2019 domestic network this summer
American Airlines’ domestic schedule will soon exceed 50% of its prior-year level for the first time since the coronavirus pandemic hammered travel demand.
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Airline Business
North American carriers hunker down through crisis
While hard hit North American carriers may have found some comfort from state support packages and the size of its home markets, they have taken action swift action to limit cash burn to protect their businesses while waiting for passenger demand to return
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News
American sees signs of travel rebound
American Airlines says it sees promising signs of a rebound in air travel after the coronavirus pandemic decimated the industry earlier this year, but warns that the bounce in demand is tenuous, and from a vanishingly low level.
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News
BA and American offer London slots to ease transatlantic pact concerns
Oneworld alliance carriers British Airways and American Airlines have offered slots at London Heathrow or Gatwick to address competition concerns on transatlantic services arising from their joint business arrangement. The measures have been put forward ahead of the expiry, after 10 years, of a binding commitment made in 2010 when ...
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News
Warren Buffett’s investment firm sells out of four major US carriers
Renowned investor Warren Buffett has dumped his stakes in four major US carriers, four years after joking that his firm Berkshire Hathaway was set to benefit from airlines’ tendency to increase fares ahead of its shareholder events. Buffett disclosed the decision to shareholders during Berkshire Hathaway’s 2020 event on 2 ...