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December 5, 2012
07:23 EDTAFLYY, UAL, SKYW, JBLU, HA, AMR, DAL, LUV, ALK, LCCAirlines campaign to avoid criminal charges, WSJ reports
In their campaign to protect pilots and airline officials against criminal cases related to flight accidents worldwide, international aviation officials today will take a key step, reports the Wall Street Journal. In Washington, legal and air safety experts will discuss ways to protect officials from legal liability in the event of serious accidents. That's expected to set the stage for a report in January by a high-level study group, working under the auspices of the UN, that would urge countries to embrace standards and legislation aimed at preventing future criminalization of aviation accidents. Reference Link
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November 23, 2015
10:23 EDTHAHawaiian Holdings management to meet with Sterne Agee CRT
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November 22, 2015
18:29 EDTDALDelta CEO says Boeing offered used 777s for $10M, Bloomberg reports
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November 20, 2015
18:52 EDTUALUnited Continental, ALPA reach agreement in principle to extend pilot contract
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November 18, 2015
17:48 EDTDALGrupo Aeromexico confirms Delta intention to increase stake in company
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16:39 EDTDALDelta to acquire up to additional 32% of Grupo Aeromexico outstanding shares
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November 16, 2015
17:10 EDTUAL, LUVSoros took stake in Paypal, liquidated Herbalife stake
Soros Fund Management gave a quarterly update on its stakes in a filing this afternoon. NEW STAKES: Paypal (PYPL), CIT Group (CIT), Schlumberger (SLB), Kraft Heinz (KHC), and Amazon (AMZN). INCREASED STAKES: Allergan (AGN), Lions Gate (LGF), Energen (EGN), Southwest Airlines (LUV), and Qunar Cayman Islands (QUNR). DECREASED STAKES: LyondellBasell (LYB), YPF (YPF), Time Warner Cable (TWC), Dow Chemical (DOW), and Monsanto (MON). LIQUIDATED STAKES: Herbalife (HLF), Lennar (LEN), DR Horton (DHI), United Continental (UAL), and Nice Systems (NICE).
09:59 EDTDALOmega bought Valeant in Q3, sold some SuneEdison
Leon Cooperman's Omega Advisors gave a quarterly update on its stakes in a filing this morning, disclosing its positions as of September 30. NEW STAKES: Pfizer (PFE), Valeant (VRX) Walgreens Boots Alliance (WBA), TerraForm Global (GLBL), Cigna (CI). INCREASED STAKES: Google Class A (GOOGL), Facebook (FB), Delta Air Lines (DAL). DECREASED STAKES: SunEdison (SUNE), Shire (SHPG), Citi (C), KAR Auction (KAR), LyondellBasell (LYB). LIQUIDATED STAKES: McKesson (MCK), 21st Century Fox (FOXA), General Motors (GM), QEP Resources (QEP), eBay (EBAY).
09:02 EDTSKYWSkyWest announces Chip Childs ot succeed Jerry Atkin as CEO
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05:38 EDTDALDelta Air Lines implied volatility of 33 at lower end of index mean range
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November 13, 2015
16:40 EDTDAL, LUVAppaloosa gives quarterly update on stakes
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November 11, 2015
16:06 EDTJBLUJetBlue reports October traffic up 11.8%
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November 10, 2015
11:43 EDTUAL, DALDoJ files suit to block United, Delta deal for Newark slots
The Department of Justice filed a civil antitrust lawsuit seeking to block a proposed transaction between United Continental Holdings (UAL) and Delta Air Lines (DAL) in order to preserve competition at Newark Liberty International Airport. The Antitrust Division's lawsuit, filed in the U.S. District Court for the District of New Jersey in Newark, New Jersey, alleges that United's planned acquisition of 24 takeoff and landing slots at Newark would increase United's already dominant position at the airport, and would strengthen a barrier that diminishes the ability of other airlines to challenge United at the airport. As a result, the 35M air passengers who fly into and out of Newark every year likely would face higher fares and fewer choices. According to the department's complaint, United already controls 73 percent of the slots the FAA has allocated to carriers at the airport - over 10 times more slots than its closest competitor. No other airline has more than 70 slots. The complaint also alleges that United "grounds" as many as 82 slots each day at Newark, depriving Newark passengers of flight options that would exist if the slots were flown. The complaint also details how consumers benefit when slots are held by United's airline rivals. In response to the department's concerns expressed during its review of the United/Continental merger in 2010, United divested its 36 slots at Newark to Southwest Airlines. United's then-CEO, Jeff Smisek, lauded the settlement as a "fair solution that would allow Continental and United to create an airline that will provide customers with an unparalleled global network and top-quality products and services, while enhancing domestic competition at Newark." Nevertheless, as alleged in the complaint, United's proposed acquisition of slots from Delta is United's third attempt to reverse the benefits of the 2010 divestiture by buying slots from its competitors at Newark. Reference Link
11:04 EDTUAL, DALDOJ seeks to block Delta, United deal for Newark slots, Bloomberg reports
05:43 EDTUALUnited Continental implied volatility of 34 at lower end of index mean range

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