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Company Watch - American Airlines.


May 21, 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
 will offer thrice-weekly Miami-Montevideo service from July 1 aboard Boeing 767-300s. American currently operates the route on a seasonal basis but said that their seasonal nonstop HP's brand name for its fault-tolerant servers, which range in size from four CPUs to 4,000 CPUs. The NonStop line was created by Tandem Computers, which was acquired by Compaq, which later became part of HP.  service has been so encouraging that we believe the route can be successful on a year-round basis as well. May 18, 2007

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.  Shareholders, Employees Blast Executive Pay. American Airlines' parent AMR is recovering after a years-long downturn in the airline industry, the company's chief executive said on Wednesday, but shareholders say strained employee relations threaten to undo To restore the last editing operation that has taken place. For example, if a segment of text has been deleted or changed, performing an undo will restore the original text. Programs may have several levels of undo, including being able to reconstruct the original data for all edits  the progress that has made in recent years. The stockholders, several of whom were AMR employees, pelted 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
  • Gerard Arpey's Executive Bio on aa.com
  • August 2004 interview with St.
 with criticism over executive compensation for top managers at the parent of the world's largest airline. May 17, 2007

American Airlines will unveil a newly redesigned AAdvantage eShopping(SM) mall http://www.aa.com/eshopping, a Web site designed to make earning miles easier with a customized online shopping experience. May 17, 2007

American shareholders vote down proposals on executive pay American Airlines shareholders on Wednesday rejected two proposals to put controls on executive pay. Shareholders passed just one shareholder-sponsored resolution at their annual meeting in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
. The resolution establishes a process that allows shareholders with 10% of American's outstanding shares to call a special shareholder meeting. May 17, 2007

American Airlines yesterday said it will enhance its US-Colombia service with 14 additional weekly flights from Dec. 13, including launching daily Miami-Barranquilla service aboard 737-800s configured con·fig·ure  
tr.v. con·fig·ured, con·fig·ur·ing, con·fig·ures
To design, arrange, set up, or shape with a view to specific applications or uses:
 to carry 148 passengers in two classes. Existing daily Miami-Medellin service will be augmented with three additional flights per week aboard -800s and current twice-daily Miami-Bogota service, operated with 767-300s and A300s, will be augmented by four additional flights per week aboard 757s. May 16, 2007

American Airlines[sup.1] parent AMR Corp. is recovering after a years-long downturn in the airline industry, the company's chief executive said on Wednesday, but shareholders say strained labor relations threaten to undo the progress American Airlines' parent has made in recent years. May 16, 2007

American executives will face workers at shareholder meeting American Airlines holds its annual shareholder meeting today in New York Today in New York is WNBC-TV's pre-Today newscast, also post-Today on weekends, airing from 5 AM to 7 AM weekdays with the local news cut ins being branded as such. . Three unions are expected to attend to seek higher wages. An American spokesman says the carrier's workers are among the best-paid in the industry. "It's common knowledge that American has a considerable labor-cost disadvantage compared to other airlines," he says. May 16, 2007

American Airlines today moved its international service at John F. Kennedy International Airport
''For the regional airport in Wisconsin, see John F. Kennedy Memorial Airport.


John F. Kennedy International Airport (IATA: JFK, ICAO: KJFK, FAA LID: JFK
 (JFK) into Concourse B of its new $1.3 billion terminal, which is near the recently opened and brand-new U.S. Customs and Immigrations facility. This sets the stage for improving the travel experience for passengers arriving into and departing de·part  
v. de·part·ed, de·part·ing, de·parts

v.intr.
1. To go away; leave.

2. To die.

3.
 from JFK. May 15, 2007

American Airlines will add another new Caribbean destination from New York this fall when it begins nonstop service from John F. Kennedy International Airport (JFK) to St. Lucia. May 14, 2007

Airlines accommodate thousands of children traveling alone each year. The airlines' recent customer service problems have left some parents unwilling to let their children fly alone. Still, thousands of children continue to fly alone each year. American Airlines, for example, flies about 200,000 children each year. Children must be at least five years old to fly unaccompanied un·ac·com·pa·nied  
adj.
1. Going or acting without companions or a companion: unaccompanied children on a flight.

2. Music Performed or scored without accompaniment.
, and airlines may assign up to four employees to take responsibility for the child during the trip. May 14, 2007

Soleil Securities upgraded its rating on the airline industry to outperform Outperform

An analyst recommendation meaning a stock is expected to do slightly better than the market return.

Notes:
Exact definitions vary by brokerage, but in general this rating is better than neutral and worse than buy or strong buy.
 Wednesday, expecting an improvement in unit revenue, "easier second half revenue comparisons, a strong correlation between airline stock performance and unit revenues and recent weakness in share prices." On individual shares, Soleil upgraded American Airlines' AMR Corp. May 16, 2007

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May 14, 2007
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Date:May 21, 2007
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