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News Breaks | | | | March 13, 2013 | | 08:05 EDT |  | AAMRQ | Travelport and American Airlines announce distribution agreement
Travelport and American Airlines, a wholly owned subsidiary of AMR Corporation, announce a new long-term, global distribution agreement. In addition to enabling continued access to shop and book the full content of flights marketed by American Airlines, the new agreement positions Travelport to become the first global distribution system to offer access to American's other products and services. American and Travelport also resolved all litigation between themselves. The terms of the settlement agreement require review and approval by the court presiding over AMR Corporation's restructuring. | |
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News For AAMRQ From The Last 14 Days Check below for free stories on AAMRQ the last two weeks. |
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| May 16, 2013 | | 08:28 EDT |  | 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 10, 2013 | | 06:47 EDT | | AAMRQ | Delta 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 | | | May 8, 2013 | | 16:59 EDT | | AAMRQ | AMR Corp. reports April domestic RPM down 1.4% to 6.17M
Reports April International RPM down0.6% to 4.08M. Reports April Atlantic RPM down 4.8% to 1.49M. Reports April Latin America RPM up 4% to 2.02M. Reports April Pacific RPM down 4.7%. Reports April PRASM down 2.9%. Reports April consolidated traffic down 1.1%. | | | 05:44 EDT | | AAMRQ | U.S. airlines' restructuring means less routes, WSJ reports
A decade of restructuring in the U.S. airline industry has resulted in a sharp reduction in air service that is curtailing traveler choice and some local economies even as it improves the industry's health, an MIT study shows, reports the Wall Street Journal. From 2007 through last year, U.S. airlines cut the number of scheduled domestic flights by 14%. The number of seats offered fell by slightly less, as airlines pushed passengers onto bigger planes, says the study. Reference Link | |
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