Company Watch - American Airlines.Jan 8, 2007 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 flew 11.36 billion system RPMs in December, down 1.1% from the year-ago month. Capacity fell 1.3% to 14.35 billion ASMs and load factor rose 0.2 point to 79.1%. Domestic RPMs were down 1.9% to 7.4 billion against a 2.2% decline in capacity to 9.22 billion ASMs. Load factor climbed 0.2 point to 80.2%. International traffic rose 0.4% to 3.95 billion RPMs, capacity was up 0.3% to 5.13 billion ASMs and load factor inched up 0.1 point to 77%. Jan 5, 2007 FL Group acquires 6% of American, transfers Sterling to new consortium. Serial airline investor FL Group was busy over the holidays, announcing that it had purchased a 5.98% stake in American Airlines parent 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. for more than $400 million and selling LCC (Leadless Chip Carrier, Leaded Chip Carrier) See leadless chip carrier, CLCC and PLCC. 1. LCC - Language for Conversational Computing. Written at CMU in the 1960's. Sterling Airlines for [euro]210 million ($277 million) in cash and a three-year shareholder loan to Icelandic consortium Northern Travel, of which FL Group is a member. Jan 3, 2007 FL Group now is American Airlines parent AMR's third-largest shareholder with 12.8 million shares. It said it has been building the stake "for a considerable period of time" and made the announcement once it exceeded the 5% reporting threshold. Jan 3, 2007 US carriers, battered bat·ter 1 v. bat·tered, bat·ter·ing, bat·ters v.tr. 1. To hit heavily and repeatedly with violent blows. 2. To subject to repeated beatings or physical abuse. 3. by low-cost competition at home, have sought out growth on lucrative international routes, and China's economic expansion presents a strong opportunity for airlines with service there. The United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. keeps tight reins reins pl.n. The kidneys, loins, or lower back. on rights to fly to China, so competition for the routes among airlines is stiff. Interested parties have 14 days to object to the government decision. The Transportation Department then has seven days to answer the objections. After that, the department will review the comments and issue a final decision. American, Continental and Northwest each expressed disappointment that their applications weren't accepted. But none indicated plans to formally object to the decision. Jan 9, 2007 Delta Air Lines and American Airlines said on Tuesday they raised fares in Canadian markets to match an increase by Air Canada. Delta increased fares by 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. $3, USD$6 and USD$9 one-way depending on the length of the flight, spokeswoman Betsy Talton said. American increased fares USD$6 each way, a spokesman said. The move follows an increase in fares by Air Canada on Monday night for travel to the United States from Canada, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Neil Bainton, an analyst at airline travel planning service FareCompare. Jan 9, 2007 The US Transportation Department awarded United daily service between Washington's Dulles Airport and Beijing's China Peking Capital Airport. Flights will begin March 25 if the agency's decision becomes final. In winning the route, United beat competing applications from American Airlines, Continental Airlines and Northwest Airlines, which all want to bolster their existing China service. The Transportation Department said United's proposed capital-to-capital route benefits the greatest number of travelers. Jan 9, 2007 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 Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Jan 1, 2007 |
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