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Stock Market & Financial Investment News

News Breaks
January 31, 2013
08:03 EDTAAMRQAMR CEO main remain after US Airways merger, Reuters reports
US Airways Group (LCC) and American Airlines parent AMR Corp (AAMRQ) are working out the final details of a merger, and unresolved is whether AMR CEO Tom Horton remains with the company, reports Reuters. US Airways is now considering a high-level position for Horton in the merged airline, sources say, Reference Link
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May 16, 2013
08:28 EDTAAMRQEU 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 10, 2013
06:47 EDTAAMRQDelta says airlines have new priorities, NY Times reports
Delta Air Lines' bright, spacious new terminal at New York's Kennedy Airport reflects airlines' new emphasis on better amenities and service, Delta stated, according to the New York Times. The airlines, whose finances have improved, are no longer competing primarily based on price, the newspaper stated. Reference Link

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