|January 4, 2013|
|18:46 EDT||LCC, AAMRQ||US Airways, American Airlines pilots announce framework of employment agreement|
US Airways Group (LCC) today issued the following statement: "American Airlines (AAMRQ) and US Airways, with participation of committee counsel for the unsecured creditors committee, are pleased that they have completed discussions with the Allied Pilots Association and US Airline Pilots Association intended to develop a framework for the terms of employment for pilots, as well as a process for pilot integration, in the event of a merger between AA and US during restructuring. This memorandum of understanding was approved by the Allied Pilots Association's board of directors and by USAPA's Board of Pilot Representatives. This memorandum of understanding will assist all of the stakeholders, including the boards of AMR and US Airways, in making an informed decision as to whether a merger should ultimately be pursued. The MOU is one of several elements to be considered before a decision on a merger can be made. Details regarding the MOU are still covered by the terms of a non-disclosure agreement so they cannot be further disclosed at this time."
News For LCC;AAMRQ From The Last 14 Days
Check below for free stories on LCC;AAMRQ the last two weeks.
|May 17, 2013|
|05:59 EDT||LCC||Stocks with implied volatility movement; FXI LCC|
Stocks with implied volatility movement; iShares Trust FTSE/Xinhua China 25 Fund (FXI), US Airways (LCC) according to IVolatility.
|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 15, 2013|
|17:03 EDT||LCC||Soros gives quarterly update on stakes |
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF).
|May 14, 2013|
|07:17 EDT||LCC||BofA/Merrill to host a conference|
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|May 10, 2013|
|06:47 EDT||AAMRQ, LCC||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, LCC||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