Company Watch - American Airlines.Dec 31, 2006 FL Group Buys Stake In American Air Parent. Iceland's FL Group said on Tuesday it had bought a 5.98 percent stake in AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12. , making it the third-largest shareholder of the American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the parent. Investment company FL Group, which owns 23 percent of Finnish flag carrier Finnair and has made a string of investments in the airline industry, said it had been building the stake in the world's largest airline over a considerable period of time and had spent over USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $400 million. Other top shareholders in AMR include Tontine An organization of individuals who enter into an agreement to pool sums of money or something of value other than money, permitting the last survivor of the group to take everything. Associates, which holds 7.85 percent, and PRIMECAP Management, which holds 7.72 percent. Dec 28, 2006 American Airlines said it expects fourth-quarter mainline RASM RASM Revenue per Available Seat Mile RASM Reliability, Availability, Scalability and Manageability (Red Hat, Inc.) RASM Rear Admiral Submarines (UK) RASM Recorded Announcement Systems Manager to increase 3.8%-4.8% year over year, with consolidated unit revenues rising 3.6%-4.6%. It is anticipating fourth-quarter mainline unit costs of 10.98 cents and full-year CASM CASM Cost per Available Seat Mile CASM Communities and Small-scale Mining CASM Canadian Academy of Sports Medicine CASM Certificate of Advanced Study in Mathematics (Univeristy of Cambridge, UK) CASM Coherent Adaptive Subcarrier Modulation of 10.92 cents. Excluding fuel, the numbers will be 7.80 and 7.58 cents, respectively. Dec 26, 2006 American Airlines announced the launch of daily Chicago O'Hare-Shannon service on May 1 aboard a 757. AA already flies to Dublin from ORD with 767-300s. Dec 21, 2006 American, Delta Raise US Fares. American Airlines and Delta Air Lines increased fares in most US domestic markets in the face of higher jet fuel prices, the airlines said on Thursday. Dec 21, 2006 American Airlines will launch daily Seattle-Austin service on April 10 aboard a 136-seat MD-80. Dec 19, 2006 American Airlines signed a four-year, $30 million deal with Allegiant Air for the provision in Tulsa of heavy MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. , including C checks, on Allegiant's 24 MD-80s. The deal leaves room for additional aircraft if Allegiant grows its fleet. Dec 19, 2006 Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For more global news, reviews, features and analysis, please go to: http://www.airguideonline.com/onlinenews.htm To Subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Dec 18, 2006 |
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