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News Breaks September 5, 2012 07:28 EDT UAL, AAMRQ Judge rules UAL, AMR to face trial over 9/11 claims, Reuters reports U.S. Judge Alvin Hellerstein ruled that AMR 's (AAMRQ) American Airlines and United Continental (UAL) have to face trial over claims relating to the September 11, 2001 attacks that destroyed the towers of the World Trade Center, according to court documents, reports Reuters. In July 2001, World Trade Center Properties LLC purchased 99-year leases to four World Trade Center buildings from the Port Authority of New York and New Jersey for about $2.8B. The suit against the airlines claims negligence. While the company claimed damages of $8.4B, the estimated cost of replacing the towers, the judge limited the value of the destroyed property to $2.805B, the price WTCP paid for the leases. Reference Link News For UAL;AAMRQ From The Last 14 Days Check below for free stories on UAL;AAMRQ the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 21, 2013 07:23 EDT UAL Wolfe Trahan to host a conference 6th Annual Global Transportation Conference is being held in New York and will begin with dinner meetings on May 21 at 5:30 pm, followed by company presentations on May 22-23. 06:56 EDT UAL SkyWest announces agreement with Embraer for 100 firm, 100 options for E175s Subscribe for More Information 06:52 EDT UAL SkyWest announces agreement with United for 40 Embraer E175 regional jets Subscribe for More Information 06:48 EDT UAL United to add 40 more Embraer 76-seat aircraft to United Express fleet United Airlines (UAL) announced a capacity purchase agreement for SkyWest Airlines, a wholly-owned subsidiary of SkyWest (SKYW), to operate 40 Embraer (ERJ) 175 aircraft under the United Express brand. SkyWest will purchase the 40 76-seat aircraft with deliveries in 2014 and 2015. These aircraft are in addition to 30 Embraer 175 aircraft that United previously announced it will purchase and which will be operated by a United Express carrier, also scheduled for delivery between 2014 and 2015. May 20, 2013 05:46 EDT UAL Boeing look to improve more Dreamliner systems, WSJ reports Subscribe for More Information May 17, 2013 09:31 EDT UAL United Continental upgraded to Market Perform from Underperform at Avondale May 16, 2013 08:28 EDT AAMRQ, UAL 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 14, 2013 07:17 EDT UAL BofA/Merrill to host a conference Subscribe for More Information May 13, 2013 11:48 EDT UAL United says two of six Boeing 787 converted to new FAA standard Subscribe for More Information May 10, 2013 06:47 EDT UAL, 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%. 08:33 EDT UAL United Continental volatility at historic lows; shares at fresh five-year high Subscribe for More Information 05:44 EDT UAL, 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 Sign up for a free trial to see the rest of the stories you've been missing.