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News Breaks
June 5, 2014
10:23 EDTGOGO, AAL, BDRBFGogo announces partnership with American Airlines
Gogo (GOGO) announced that it has reached an agreement with American Airlines (AAL) to begin installing its ATG connectivity service on 30 new Bombardier (BDRBF) CRJ-900 NextGen aircraft, which will be delivered to American starting this month. The additional connected aircraft will build on the more than 850 aircraft in American's fleet that are currently equipped with Gogo's In-flight Internet services.
News For GOGO;AAL;BDRBF From The Last 14 Days
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July 29, 2014
05:36 EDTBDRBFBombardier announces SNCF exercised option for 22 additional trains
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July 28, 2014
08:13 EDTAALAmerican Airlines management to meet with Deutsche Bank
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July 24, 2014
14:12 EDTAALAmerican Airlines sees Venezuela hurting Q4, moderating in FY15
American Airlines is reducing its Atlantic capacity outlook by 3 points for the rest of the year and reducing its Latin America capacity outlook by 5 points for the rest of the year. American sees the Venezuela situation to hurt company in Q4, but then the situation is expected to moderate going into FY15.
14:02 EDTAALAmerican Airlines sees FY15 CASM down 1% to up 1%
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13:55 EDTAALAmerican Airlines sees both Q3, Q4 CASM up 1%-3%
American Airlines (AAL) plans to retire 24 Embraer (ERJ) E140s by the end of this year. Says reduced international capacity plans for FY14. Says international capacity expected to be up 5%, which is down 1% from previous guidance. Sees FY14 international mainline capacity up 2.5%. Says sees regional capacity seen to be up 1% for the year. Sees mainline domestic capacity up 1% in FY14. Sees FY14 CASM up 2%-4% year over year. Sees 10.5%-12.5% pretax margin for FY14. Says FY15 CASM will grow less than inflation and be in the range of up 1% to down 1%.Says still feels "quite good" about global demand environment. Comments made during the company's Q2 earnings conference call.
07:39 EDTAALAmerican Airlines initiates quarterly dividend of 10c per share
The dividend will paid on August 18 to shareholders of record on August 4.
07:39 EDTAALAmerican Airlines announces $1B share repurchase program
The program will be completed no later than December 31, 2015.
07:34 EDTAALAmerican Airlines reports Q2 non-GAAP net profit $1.5B, GAAP net profit $864M
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07:33 EDTAALAmerican Airlines reports Q2 mainline CASM up 3.9% to 13.61c
Excluding special charges and fuel, mainline CASM was up 2.2% compared to the combined second quarter 2013, at 8.55 cents. Regional CASM excluding special charges and fuel was 15.80 cents, up 5.2 percent on a 0.4% decrease in regional ASMs versus combined second quarter 2013.
07:23 EDTAALFAA lifts flight restrictions for Ben Gurion International Airport
The FAA has lifted its restrictions on U.S. airline flights into and out of Israel’s Ben Gurion Airport by cancelling a Notice to Airmen it renewed yesterday. The cancellation is effective at approximately 11:45 p.m. EDT. Before making this decision, the FAA worked with its U.S. government counterparts to assess the security situation in Israel and carefully reviewed both significant new information and measures the Government of Israel is taking to mitigate potential risks to civil aviation. The FAA’s primary mission and interest are the protection of people traveling on U.S. airlines. The agency will continue to closely monitor the very fluid situation around Ben Gurion Airport and will take additional actions, as necessary.
06:30 EDTBDRBFBombardier new structure revamp means job cuts, Reuters says
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06:08 EDTBDRBFBombardier COO Hachey to retire, announces new organizational structure
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July 23, 2014
12:45 EDTAALFAA bans flying to and from Tel Aviv for second day, Washington Post reports
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09:09 EDTGOGOGogo inflight Internet service selected by Japan Airlines
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06:51 EDTAALAir France halts Tel Aviv service, Reuters says
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06:39 EDTAALLufthansa suspends Tel Aviv flights due to security worries, Reuters says
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July 22, 2014
13:40 EDTAALIsrael calls on airlines to reverse decision to cancel flights, AP says
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12:44 EDTAALFAA prohibits U.S. airlines from flying to or from Israel for 24 hours, WP says
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July 19, 2014
19:26 EDTAALAmerican Airlines and IAM workgroups ratify three collective bargaining pacts
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July 17, 2014
12:22 EDTAALAirlines retreat after plane reportedly crashed in Ukraine
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