All American Airlines articles – Page 15
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News
American reaches tentative agreement with unions
American Airlines says it has reached a tentative collective bargaining agreement with unions representing 31,000 employees, after an acrimonious year-long standoff led to the delay or cancellation of more than a thousand flights. The Fort-Worth-based carrier did not release details of the agreement and says it is still subject to ...
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Airline Business
American Airlines posts strong 2019, expects 737 Max in second half of 2020
American Airlines posted higher revenue and profit figures for the full year 2019 than a year earlier, as strong demand countered fallout from the Boeing 737 Max crisis.
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News
American says Boeing 737 Max will return to its schedule in June
American Airlines says it does not expect the Boeing 737 Max to return to service before June, as the beleaguered aircraft’s grounding extends into its 11th month following two fatal accidents.
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News
American Airlines and Boeing agree on 737 Max compensation
American Airlines says it has come to a confidential agreement with Boeing to compensate it for the losses it incurred due to the grounding of the 737 Max following two fatal accidents, and that it will be sharing the compensation with its employees.
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News
American Airlines expects to share 737 Max compensation with employees
American Airlines says it is still negotiating a compensation agreement with Boeing for the grounding of the airline’s 737 Max fleet, now in its 10th month, and that it expects to share the proceeds with its employees.
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Airline Business
Rising costs may threaten US majors’ profit margins in 2020
Consumer confidence in the US economy and a declining unemployment rate drove demand for air travel in 2019. That was good news for the four major US carriers, but for three of them there was the question of whether they would have the aircraft to meet that rising demand.
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News
American Airlines will add 20 new routes for summer 2020
American Airlines says it will be flying at least 20 new seasonal routes starting in the summer of 2020, including to Martha’s Vineyard and Nantucket, as well as additional connections from two secondary US cities to its Latin American Gateway hub, Miami.
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News
American's flight attendants weigh Boeing suit over Max grounding
American Airlines’ flight attendants union will determine this week if it has sufficient grounds to sue Boeing for damages resulting from the March 2019 grounding of 737 Max aircraft.
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News
Tailwind and poor braking present before ERJ-145 excursion
Preliminary indications suggest the Envoy Air Embraer ERJ-145 which suffered a runway excursion at Chicago O'Hare had landed with a tailwind in gusting conditions.
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News
American pushes 737 Max service re-entry to March
American Airlines has taken the grounded Boeing 737 Max out of its schedule until 5 March 2020. The announcement comes following Southwest Airlines' statement earlier in the day that it too would delay scheduling the aircraft until early March.
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News
American and Qantas implement joint venture
American Airlines and Qantas have implemented their joint venture, designed to streamline transpacific travel and open the opportunity for new routes between North America and Oceania.
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News
Southwest takes $210m Max hit in Q3, expects another knock in Q4
Low-cost carrier Southwest Airlines says it lost $210 million in revenue during the third quarter as a result of the Boeing 737 Max grounding since March, and expects the loss to be higher in the fourth quarter due to the reshuffling of aircraft and schedule for traditional holiday season-related travel.
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News
American expects 737 Max grounding cost to rise to $540m
American Airlines expects its total cost for the grounding of the Boeing 737 Max to be about $540 million in pre-tax earnings in 2019, up from a previous estimate of $400 million.
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News
Air Canada cancels 737 Max flights until middle of February
Air Canada on 16 October became the latest airline to extend the removal of the Boeing 737 Max aircraft from its winter schedule, as an increasing number of carriers expect the jet will not be approved to return to service until early 2020.
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News
Delta calls for trade deal between the US and European Union
Delta Air Lines is calling on the US government and the European Union to negotiate a trade settlement that could raise the cost of Delta's Airbus aircraft by 10%.
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Analysis
US airline stocks rally after oil panic plunge
US airline stocks mostly recovered on 17 September after falling on news of attacks on two major oil facilities in Saudi Arabia, which is expected to disrupt oil supply.
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News
American battles Max delays and labour tensions
American Airlines is taking steps to strengthen its business as it continues to feel the impact of labour tensions and delays in the return to service of the Boeing 737 Max.
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News
American pushes scheduled Max flights out one month, to December
American Airlines has removed another month of Boeing 737 Max flights from its schedules and now plans for the aircraft to be back in service on 4 December.
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News
American, LATAM to drop Chile from JV application
American Airlines and LATAM Airlines Group expect to submit to regulators an amendment to their joint venture application before year end, reviving a process derailed In May by a Chilean court.
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Airline Business
LATAM JV decision raises questions about role of courts
Competition issues about joint ventures and antitrust immunity for airlines typically are handled by transportation or competition regulators. Courts rarely intervene. But Chile’s Supreme Court recently set an example for courts not only to play a role, but to have the final say on airline joint ventures.