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News Breaks | | | | January 14, 2013 | | 19:30 EDT |  | AAMRQ, UAL | RTA accuses American, United of dodging nearly $300M in taxes
The Regional Transportation Authority is alleging that United Airlines (UAL) and American Airlines (AAMRQ) operate sham offices in Sycamore, Ill. that they use to avoid paying higher taxes from their offices in Chicago. These small, part-time offices are rarely occupied and, in at least one case, don’t appear to even have a computer, but both companies claim they purchase their jet fuel, one of their largest expenses, from those offices, the RTA said. The suit, filed today in the Circuit Court of Cook County, alleges that these dodged taxes total nearly $300M over the last seven years. Reference Link | |
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News For AAMRQ;UAL From The Last 14 Days Check below for free stories on AAMRQ;UAL the last two weeks. |
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| May 24, 2013 | | 16:58 EDT |  | AAMRQ | Outgoing AMR Corp. CEO's pay opposed by DoJ, Reuters says
AMR Corp.'s (AAMRQ) outgoing CEO Tom Horton's severance pay of nearly $20M allotted as part of the company's plan to emerge from bankruptcy and merge with US Airways (LCC) is being opposed by the Department of Justice, which says the deal violates bankruptcy law, reports Reuters. Reference Link | | | May 23, 2013 | | 07:30 EDT | | UAL | EU approves Lufthansa, United revenue-sharing pact, Reuters reports
 Subscribe for More Information | | | May 21, 2013 | | 07:23 EDT |  | UAL | Wolfe Trahan to host a conference
6th Annual Global Transportation Conference is being held in New York and will begin with dinner meetings on May 21 at 5:30 pm, followed by company presentations on May 22-23. | | | 06:56 EDT | | UAL | SkyWest announces agreement with Embraer for 100 firm, 100 options for E175s
Subscribe for More Information | | | 06:52 EDT | | UAL | SkyWest announces agreement with United for 40 Embraer E175 regional jets
Subscribe for More Information | | | 06:48 EDT | | UAL | United to add 40 more Embraer 76-seat aircraft to United Express fleet
United Airlines (UAL) announced a capacity purchase agreement for SkyWest Airlines, a wholly-owned subsidiary of SkyWest (SKYW), to operate 40 Embraer (ERJ) 175 aircraft under the United Express brand. SkyWest will purchase the 40 76-seat aircraft with deliveries in 2014 and 2015. These aircraft are in addition to 30 Embraer 175 aircraft that United previously announced it will purchase and which will be operated by a United Express carrier, also scheduled for delivery between 2014 and 2015. | | | May 20, 2013 | | 05:46 EDT | | UAL | Boeing look to improve more Dreamliner systems, WSJ reports
Subscribe for More Information | | | May 17, 2013 | | 09:31 EDT |  | UAL | United Continental upgraded to Market Perform from Underperform at Avondale
| | | May 16, 2013 | | 08:28 EDT | | UAL, AAMRQ | EU to decide on Delta, Virgin deal next month, Reuters reports
EU antitrust regulators will decide by June 20 whether to clear a bid by Delta Air Lines for a 49% stake in Virgin Atlantic, reports Reuters. Reference Link | | | May 14, 2013 | | 07:17 EDT | | UAL | BofA/Merrill to host a conference
Subscribe for More Information | | | | May 13, 2013 | | 11:48 EDT | | UAL | United says two of six Boeing 787 converted to new FAA standard
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