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Stock Market & Financial Investment News

News Breaks
February 5, 2013
08:02 EDTLCCUS Airways announced January traffic results
Mainline revenue passenger miles for the month were 4.9B, up 4.8% versus January 2012. Mainline capacity was 6B available seat miles, up 1.8% versus January 2012. Mainline passenger load factor was a record 81.1% for the month of January, up 2.3 points versus January 2012.
News For LCC From The Last 14 Days
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June 19, 2013
07:43 EDTLCCSenate Commerce, Science & Transporrtation Committee holds a hearing
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06:02 EDTLCCUS Air, American seek merger approval from EU, Reuters reports
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June 18, 2013
05:52 EDTLCCFliers give U.S. airlines high marks, WSJ reports
Major U.S. airlines improved their passenger-satisfaction scores for the second consecutive year, according to a poll to be released today by the American Customer Satisfaction Index. But the sector remains near the bottom of the ACSI's 43 benchmark industries, topping only subscription-TV service and Internet providers in satisfaction, reports the Wall Street Journal. Reference Link
June 11, 2013
09:27 EDTLCCExplosion in maintenance shed at Atlanta airport, AJC reports
An explosion in a maintenance shed knocked out power and prompted an evacuation of part of Hartsfield-Jackson International Airport, The Atlanta Journal-Constitution reported. Reference Link
08:01 EDTLCCFrance's airports cut flights by 50% as EU strike expected to spread, AP reports
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06:58 EDTLCCMany flights at French airports cancelled due to strike, NY Times reports
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June 10, 2013
09:49 EDTLCCAMR Corp., US Airways announce senior leadership team for new American Airlines
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09:02 EDTLCCAMr Corp., US Airways announce senior leadership team for New American Airlines
As previously announced, Tom Horton will serve as Chairman of the Board of the new American Airlines. Doug Parker will serve as CEO and a member of the board. American Airlines and US Airways also noted that Dan Garton will step down as President and Chief Executive Officer of American Eagle Airlines later this year. A successor will be named prior to Garton's departure.
June 7, 2013
15:05 EDTLCCCourt enters order approving AMR Corp. disclosure statement
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