Tuesday October 26, 2021

American Airlines says January loads increase as traffic goes up and capacity goes down

American Airlines said Monday that January traffic increased 1.4 percent despite a 2.1 percent decline in capacity. All numbers are in comparison to January 2011. American filled 78.5 percent of its seats in January, up 2.7 points from the same month in 2011. Here’s the breakdown by segment Region Traffic Capacity Load factor Change Domestic […]

Republic Airways guides up, while SkyWest guides down

Republic Airways Holdings told investors Wednesday that its fourth quarter 2011 results will be better than previously expected, while SkyWest said its Q4 results won’t be as good as expected. Republic said total revenue per available seat mile climbed 10 to 11 percent over the 2010 period, up from its previous guidance of an 8 […]

AMR stock: It goes up and up and up, and down

We had a story in Thursday’s Dallas Morning News about the sharp rise in AMR stock since AMR, American Airlines and the subsidiaries filed for bankruptcy Nov. 29. You actually could have made a lot of money if you had bought the stock on Nov. 29, when it dropped as low as 20 cents before […]

AMR stock: It goes up and up and up, and down

We had a story in Thursday’s Dallas Morning News about the sharp rise in AMR stock since AMR, American Airlines and the subsidiaries filed for bankruptcy Nov. 29. You actually could have made a lot of money if you had bought the stock on Nov. 29, when it dropped as low as 20 cents before […]

NMB upholds election that turned down flight attendant union at Delta

Delta Air Lines said Friday that the National Mediation Board has rejected allegations that Delta had unfairly interfered during last year’s vote on union representation by Delta flight attendants. Delta praised the decision, while the Association of Flight Attendants condemned it. The AFA, the union for Northwest Airlines’ flight attendants, sought to represent Delta’s flight […]

Airlines stocks, down Monday, are up on Tuesday

U.S. airline shares on Tuesday took back much – but not all – of what they lost on Monday. AMR shares recovered the most, but it had lost the most on Monday. AMR shares remained down the most since their Friday close of all the carriers. Here’s a chart that compares Tuesday’s close to Monday’s […]

AMR shares, already beaten down, take a nose dive

Shares of AMR, parent of American Airlines, have dropped precipitously in trading Monday, and trading has been stopped several times as the shares have tripped circuit breakers. Prices hit their lowest point in over 8½ years. AMR shares dropped below $2 for the first time since its near-collision with bankruptcy court in March 2003. It […]

AMR says unit revenues are up, liquidity is down in third quarter

AMR, parent of American Airlines, filed its quarterly update to investors, its Eagle Eye. Among the highlights. • Unit revenues for American Airlines should be up 7.5 to 8.5 percent over third quarter 2010, and 7.8 to 8.8 percent including regional carriers. • Its liquidity will be down nearly $1 billion from three months earlier. […]

One TWU unit approves new contract, one turns contract down

American Airlines won one, lost one as votes were counted on tentative agreement with two small Transport Workers Union groups at the carrier. Its ground school and simulator pilot instructors voted in favor of their tentative agreement, but simulator technicians turned down their proposed deals, the company said. Here’s what American said in its negotiations […]

Delta goes way up, United goes way down in July on-time numbers

Delta Air Lines improved its on-time number by 10 percentage points in July, while United Airlines saw a 10-point drop compared to July 2010. As a result, Delta jumped nine places, from 15th to sixth, while United dropped 10 places from third to to 13th in the U.S. Department of Transportation rankings for the month. […]