10 Updates

Monopoly Madness In The U.S. Airline Industry

Source: Seeking Alpha, Feb 18 2013, 5:06am CST

In January 2012, I posted an article on the , where a handful of Class I carriers dominate the industry today. Last week, two of the large U.S. airlines-- American Airlines (AAMRQ.PK) and US Airways-- announced to merge their operatio ...

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Update
10

23 hours ago

Lobbying in American-US Airways deal focuses on small cities

Source: Topix  |   May 24 2013, 10:42pm CDT

US Airways Group and American Airlines , seeking approval for a merger that would create the world's largest airline, are warning lawmakers that a requirement to divest certain airport slots would lead to less service for small an ...

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Update
9

1 day ago

Lobbying in American-US Airways deal focuses on small cities

Source: Reuters  |   May 24 2013, 8:18pm CDT

May 24 (Reuters) - US Airways Group and American Airlines, seeking approval for a merger that would create the world's largest airline, are warning lawmakers that a requirement to divest certain airport slots would le ...

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Update
8

1 day ago

AMR Seeks to Buy Back Bonds Ahead of US Airways Merger

Source: FOX Business  |   May 24 2013, 12:07pm CDT

AMR Corp. (AAMRQ) is seeking court approval to buy back more than $1.2 billion in debt from noteholders, as the American Airlines parent continues to march toward finalizing its merger with US Airways Group Inc. (LCC). In a Thursday filing with U.S. Ba ...

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Update
7

1 day ago

American Airlines Shares Keep Climbing Higher After Recovering From A Near-Fatal Tailspin

Source: Seeking Alpha  |   May 24 2013, 9:54am CDT

What a difference 6 months makes! Not long ago, AMR Corporation (AAMRQ.PK), parent company of American Airlines, was a penny stock on the pink sheets headed for a slow and seemingly inevitable death. The dreaded " ...

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Update
6

1 day ago

Major airline merger could take 2 years

Source: WSOC Charlotte  |   May 24 2013, 9:05am CDT

US Airways, American Airlines merger could make largest airline in world Only time will tell It may take longer than originally thought for US Airways and American Airlines to start functioning as one ca ...

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Update
5

1 day ago

Delta's CEO on passenger fees, mergers, and why subsidies are bad for business

Source: Marketplace  |   May 24 2013, 4:49am CDT

A big chunk of private-sector infrastructure opens at New York’s JFK airport today. It's the new Delta Airlines terminal, with its $1.6 billion worth of lounge area, gates, and services. Delta’s Chief Executive Officer, Richard Anderson, j ...

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Update
4

2 days ago

Changing an airline ticket? There's a fee for that, and it's gone up

Source: Los Angeles Times  |   May 23 2013, 8:21pm CDT

Most travelers buy nonrefundable tickets because they cost considerably less than refundable tickets. But a couple of airlines have recently raised fees for changing and canceling nonrefundable domestic tickets, and they ...

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Update
3

2 days ago

Travelers Rate Best and Worst Airlines

Source: Travel Channel  |   May 23 2013, 2:34pm CDT

Before you book your next flight, here’s a word of warning: You may not want to fly on Spirit Airlines. The carrier received the lowest overall scores of any company that Consumer Reports has ever rated. Toda ...

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Update
2

2 days ago

Virgin America, Southwest Top Consumer Reports Airline Ratings

Source: Daily Finance  |   May 23 2013, 6:08am CDT

Consumer Reports released its new ratings of the best and worst airlines. Virgin America was at the top of the list. Spirit Airlines Inc. (NASDAQ: SAVE) was at the bottom. Southwest Airlines Co. (NYSE: LUV) was in second place among the winners ...

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Update
1

2 days ago

UPDATE 1-Lufthansa, United win EU approval for revenue-sharing pact

Source: Reuters Mobile  |   May 23 2013, 5:11am CDT

BRUSSELS, May 23 (Reuters) - Lufthansa, United Airlines, Continental and Air Canada won approval from EU antitrust regulators on Thursday for their transatlantic tie-up after agreeing to give up airport slots in ...

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