Company Watch - American Airlines.Airlines increase leisure fares for fifth time this year. Several large carriers have matched a fare increase by 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 . Airlines have boosted leisure fares five times since the start of 2006, one travel industry executive said. Apr 21, 2006 American reports Q1 loss, will cut capacity in July. American Airlines will cut 27 jetliners from its fleet by July 1. The carrier on Wednesday reported a first-quarter loss, but some analysts expect it to post a profit for the full year. 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. Corp. trims net loss as operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. jumps. Strong revenue performance helped to offset the rising cost of fuel in the first quarter at American Airlines as parent AMR Corp. trimmed its net loss for the three months ended March 31 to $92 million from a deficit of $162 million in the year-ago period. Apr 20, 2006 Bankruptcy not part of the "fabric" of American, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. says. Gerard Arpey Gerard J. Arpey is the Chairman, President, and Chief Executive Officer (CEO) of AMR Corporation, parent company to American Airlines, the world's largest airline. External links
American increases surcharge to offset spike in fuel: American Airlines boosted fuel surcharges on some international flights, a move to offset soaring fuel prices. The airline increased the charge by $10 one-way and $20 round-trip. Apr 12, 2006 American Airlines completed IATA's Operational Safety Audit and achieved IOSA IOSA Iata Operational Safety Audit IOSA Islands' Oil Spill Association (San Juan County, WA) IOSA Internet and Open Source in Archaeology IOSA International Oil Scouts Association IOSA International Organizational Studies Association Registration, it said yesterday. Apr 11, 2006 Fidelity boosts stake in American Airlines parent. Fidelity Investments Fidelity Investments is a group of privately held companies in the financial services industry. It is made up by two independent but closely cooperating companies, Fidelity Management and Research Corporation (FMR Co. is now the largest shareholder in American Airlines' parent company. The investment firm has nearly doubled its holdings in the carrier since the end of 2005. Apr 11, 2006 American Airlines' traffic increased just 0.2% in March as it flew 12.1 billion RPMs. Capacity dropped 0.9% year-over-year to 14.9 billion ASMs, nudging up load factor 0.9 point to 81.1%. Domestic RPMs fell 0.8% to 8.05 billion, capacity decreased 3.2% to 9.65 billion and load factor rose 2 points to 83.3%. Internationally, traffic grew 2.5% to 4.05 billion RPMs, ASMs increased 3.6% to 5.25 billion and load factor dipped 0.9 point to 77.1%. Apr 10, 2006 American Airlines and American Eagle announced yesterday a $25 million series of upgrades at their Boston Logan facilities. Improvements include the combining of mainline and Eagle gates and US Transportation Security Administration facilities, shifting Eagle departures from the Amelia Earhart General Aviation Terminal to AA's facilities in Terminal B, renovating retail space to include a 15,000-sq.-ft. food court and an increase in the number of concessions from 17 to 23, renovation of AA's 10,000-sq.-ft. Admirals Club and an increase in the number of self-service kiosks. The initial investment is coming from the Massachusetts Port Authority Massachusetts Port Authority, or Massport, is a port district in the Commonwealth of Massachusetts. It operates the airports, seaport, and Mystic River Bridge in Boston, Massachusetts and the surrounding areas. and BAA Boston and is supported by ongoing fees paid by AA, which operates 95 daily departures from Logan and is its largest carrier in passenger volume. Apr 21, 2006 American plans improvements at Boston Logan. American Airlines says it will improve its facilities at Boston Logan airport. The airline will increase its concession space, add check-in kiosks, and combine American Airlines and American Eagle check-in facilities. Apr 21, 2006 American Airlines and KLM KLM Kaiserliche Marine (Enigma: Rising Tide game) KLM Koninklijke Luchtvaart Maatschappij (Royal Dutch Airlines) KLM Klub Langer Menschen (German: Tall Person Club) are increasing their fuel surcharges. AA will add $10 each way on most transatlantic and transpacific trans·pa·cif·ic adj. 1. Situated on or coming from the other side of the Pacific Ocean. 2. Spanning or crossing the Pacific Ocean. routes, excluding Japan, effective immediately. KLM will add [euro]5 per stretch on all long-haul segments effective April 15. Surcharge on intercontinental flights will rise to [euro]45 but remain at [euro]15 per segment on European routes. Apr 13, 2006 |
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