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The Sky's The Limit If There's No Non-Compete: American Airlines Former President Soars Over To United
Tuesday, August 30, 2016 - 9:42am | 368Read More...United Continental Holdings Inc (NYSE: UAL) announced late Monday afternoon that Scott Kirby has been named president of United Airlines. As part of his duties in the newly created role, Kirby will assume responsibility for United's operations, marketing, sales and alliances, among other duties....
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Government and Airlines Indicate a Willingness to Resolve Merger Issue
Thursday, August 29, 2013 - 9:32am | 515Read More...There’s a new wrinkle in the ongoing battle between the U.S. Justice Department and two airlines seeking a merger. In a joint document, filed Wednesday, American Airlines (OTC: AAMRQ), US Airways (NYSE: LCC), and the USDOJ said they were open to finding a solution to the merger question,...
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Department of Justice and Airlines Argue Over Merger Trial Start Date
Wednesday, August 28, 2013 - 10:27am | 572Read More...The question of whether US Airways (NYSE: LCC) and American Airlines will be allowed to merge will be settled in court. What is not settled is the date. Reuters reported Tuesday that the U.S. Justice Department asked a federal court to start the trial March 3. The airlines had requested a 10-...
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American Airlines In Bankruptcy Court Thursday For Final Approval Of Exit Plan
Thursday, August 15, 2013 - 8:17am | 510Read More...Thursday was supposed to be the day that AMR Corp (OTC: AAMRQ), the parent for American Airlines, went before a judge for final approval of its plan to exit bankruptcy by merging with US Airways (NYSE: LCC). That will not be the case now as the U.S. Department of Justice is suing to block the...
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Barron's Recap (5/5/12): The Barron's 500
Sunday, May 6, 2012 - 9:25am | 1001Read More...This weekend in Barron's online: the annual ranking of the top 500 companies (as well as finding bargain stocks from the list) and the prospects for airline United Continental, insurer Unum Group and the recently spun-off Phillips 66. Cover Story "Bravo to the Best!" by Jacqueline Doherty. It is...
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Earnings Expectations for the Week of January 23
Sunday, January 22, 2012 - 3:13pm | 1531Read More...The earnings crunch rolls on this week. Among those scheduled to step into the spotlight are Apple (NASDAQ: AAPL), Caterpillar (NYSE: CAT), Chevron (NYSE: CVX), McDonald's (NYSE: MCD) and Starbucks (NASDAQ: SBUX). Analysts expect them post year-over-year earnings growth. AT&T (NYSE: T), Boeing...
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Airline Stocks: Time to Jump In or Step Aside?
Wednesday, July 27, 2011 - 8:17pm | 1390Read More...Airline stocks have been under extreme selling pressure lately, as shrinking margins, high oil/fuel prices, fare battles, and lower overall travel have taken their toll on both current and future profits. The turmoil has made shares of airliners a favorite target of short sellers over the past...
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UPDATE: Hudson Raises PT on US Airways to $14
Tuesday, May 24, 2011 - 9:47am | 157Read More...Hudson is out with its report today on US Airways (NYSE: LCC), raising its PT from $11 to $14. In a note to clients, Hudson writes, "No change to our 2011 estimate though we are comfortable introducing a 2012 EPS of $2.40/share (which is predicated on LCC achieving a 4.5% improvement in pricing,...
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JP Morgan On Airlines: AMR, DAL, LCC
Thursday, October 21, 2010 - 8:11am | 198Read More...JP Morgan has published a research report on Airlines as JPM adjust estimates and forecasts on specific airline companies. In the report, JP Morgan writes "LCC Q4 $0.09 now $0.05 – We are reducing our LCC Q4 profit forecast from $0.09 to $0.05 versus $0.20 consensus, with higher fuel slightly...
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U.S. Airlines Conference Call With DB Today
Tuesday, September 28, 2010 - 6:56am | 260Read More...Deutsche Bank is hosting a conference call today, 9/28 at 10:30am ET with Mike Linenberg to provide the latest views into the U.S. Airline Industry. Call 1-800-309-8606 to participate. Focus stocks for this conference call include: AirTran Holdings, Inc. (NYSE: AAI),$4.55 Buy, Price Target $7.00...
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FAA proposes multi-million dollar fines for US Airways & United Airlines due to safety violations
Thursday, October 15, 2009 - 4:04pm | 271Read More...The Federal Aviation Administration has proposed huge fines against both US Airways and United Airlines for alleged safety violations involving thousands of flights. The carriers are two of the largest in the U.S., and both stand accused of being out of compliance with airworthiness directives (ADs...
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Airlines take in nearly $4 billion in additional fees
Tuesday, September 29, 2009 - 1:51pm | 460Read More...Despite the fact that far fewer people are traveling, the nation's airlines are raking it in when it comes to collecting additional fees for checked baggage, re-booking flights, seat assignments, carrying pets and so on. Department of Transportation (DOT) figures show airlines collected $3.8...
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US Airways and American offer share sales to raise cash
Thursday, September 24, 2009 - 8:14am | 119Read More...With the recent increase in airline stock prices, both US Airways and American Airlines has seized the opportunity by offering share sales in an effort to raise cash for general corporate usage. US Airways plans to sell 26.3 million shares publicly with a total value of apporximately $138...
