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Stock Market & Financial Investment News

News Breaks
September 11, 2012
09:02 EDTAAMRQAMR Corp. reports August revenue and traffic results
AMR Corporation reported August consolidated revenue and traffic results for its principal subsidiary, American Airlines, Inc., and its wholly owned subsidiary, AMR Eagle Holding. August's consolidated passenger revenue per available seat mile increased an estimated 4.1% versus the same period last year, continuing the positive trend seen in prior months. Excluding the unique impact on AMR's Miami hub operation due to Hurricane Isaac in August 2012, and the effect of the 2011 FAA excise tax suspension, unit revenue improvement in August would have been approximately 1.8 points higher. Consolidated traffic increased 0.1% year-over-year, on 1.5% lower capacity, resulting in a consolidated load factor of 85.8%, an increase of 1.4 points versus the same period last year. Domestic load factor increased 1.1 points to 87.2%, as capacity and traffic were 2% and 0.7% lower year-over-year, respectively.
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June 18, 2013
05:52 EDTAAMRQFliers give U.S. airlines high marks, WSJ reports
Major U.S. airlines improved their passenger-satisfaction scores for the second consecutive year, according to a poll to be released today by the American Customer Satisfaction Index. But the sector remains near the bottom of the ACSI's 43 benchmark industries, topping only subscription-TV service and Internet providers in satisfaction, reports the Wall Street Journal. Reference Link
June 11, 2013
09:27 EDTAAMRQExplosion in maintenance shed at Atlanta airport, AJC reports
An explosion in a maintenance shed knocked out power and prompted an evacuation of part of Hartsfield-Jackson International Airport, The Atlanta Journal-Constitution reported. Reference Link
08:01 EDTAAMRQFrance's airports cut flights by 50% as EU strike expected to spread, AP reports
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06:58 EDTAAMRQMany flights at French airports cancelled due to strike, NY Times reports
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05:58 EDTAAMRQEU regulators to approve Delta, Virgin deal, Reuters reports
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June 10, 2013
09:49 EDTAAMRQAMR Corp., US Airways announce senior leadership team for new American Airlines
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09:02 EDTAAMRQAMr Corp., US Airways announce senior leadership team for New American Airlines
As previously announced, Tom Horton will serve as Chairman of the Board of the new American Airlines. Doug Parker will serve as CEO and a member of the board. American Airlines and US Airways also noted that Dan Garton will step down as President and Chief Executive Officer of American Eagle Airlines later this year. A successor will be named prior to Garton's departure.
June 7, 2013
17:06 EDTAAMRQAMR Corp. reports May consolidated load factor 84%
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15:05 EDTAAMRQCourt enters order approving AMR Corp. disclosure statement
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