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Company Watch - American Airlines.

Jan 22, 2007

American extends content agreement with Amadeus. American Airlines has agreed to extend its current agreement with Amadeus and will participate in the Content Plus program. In seperate news, the airline said it would no longer sell international tickets or domestic first-class or business-class tickets through Expedia.com, but that previously purchased tickets remain valid. Jan 12, 2007

American posts first profit since 2000. American Airlines reports a fourth-quarter profit of $17 million, compared with a loss in the same period in 2005. The airline announced a profit of $231 million, the first annual profit in seven years, and says falling fuel prices helped results. American paid $1.88 a gallon for jet fuel in the fourth quarter, down from $2.02 a year earlier. Jan 18, 2007

Following five years of steep losses, American Airlines parent AMR Corp. posted 2006 net income of $231 million, a reversal from a net loss of $857 million in 2005 and its first profitable year since 2000. Jan 18, 2007

American Airlines currently has alliances with Hong Kong's Cathay Pacific Airways and China Eastern Airlines in China and with privately owned Air Sahara in India. Jan 18, 2007

American Airlines currently flies once a day each to Shanghai and Delhi, compared with five times to Tokyo. Kreeger projected Tokyo to remain as the main Asia hub for the airline for the next few years. Jan 18, 2007

American earlier this month lost out in competition for a new non-stop service from Washington to Beijing to United Airlines, but Kreeger said it will not object to the government decision and will wait for the next opportunity. Jan 18, 2007

American prepares for growth at Tokyo Narita hub. American Airlines expects its Asian business to grow in 2007 and is adjusting operations at its Tokyo hub. Japan Airlines this year will join American in the Oneworld Alliance, a move that could boost traffic for American up to 30%. American will relocate to the airport's Terminal 2, which will give it easier access to other points in Asia. Jan 17, 2007

American Airlines said that it no longer will sell tickets for international flights or domestic first and business class seats through Expedia.com or any of its affiliates. Domestic coach tickets will remain available through Expedia. AA did not give a reason for the move. Jan 15, 2007

American Airlines parent AMR Corp. announced that its 4.5% Senior Convertible Notes due 2024 have become convertible into shares of AMR common stock. Jan 12, 2007

American forms agreement with Ukraine carrier. American Airlines has signed an interline agreement with the Ukraine's AeroSvit Airlines. The agreement will allow the carriers to transport travelers between the two countries using American's domestic routes and AeroSvit's trans-Atlantic routes with connecting flights in New York. Jan 10, 2007

Airbus's A380 ddoes not fit American's strategy, the world's biggest airline would consider buying the A350 and 787 aircraft once it firmly rebuilds its bottom line. Parent AMR on Wednesday reported its first annual profit since 2000 as lower capacity and surging demand for air travel finally allowed most carriers to raise prices, helping them out of the slump they suffered since the attacks of September 11, 2001. Jan 18, 2007

American Airlines yesterday transferred its Tokyo Narita operation to Terminal 2 from Terminal 1 and opened a new 13,300-sq.-ft. lounge as part of oneworld's effort to collocate its members prior to JAL's entry into the alliance later this year. By the end of 2007, five oneworld members will operate out of T2. Jan 17, 2007

US carriers, battered 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 keeps tight reins 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$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 Neil Bainton, an analyst at airline travel planning service FareCompare. Jan 9, 2007

Malev Hungarian Airlines and American Airlines this week signed a codeshare and frequent-flier program harmonization agreement. From the summer timetable, AA will add its code to Malev's New York JFK flight as well as numerous other services to Eastern Europe and Balkan destinations. MA's code will appear on several domestic flights operated by AA. Malev will join oneworld this year. Jan 11, 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 01/22/2007

Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact eMail: bizintel@AirGuideOnline.com

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Jan 8, 2007
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Date:Jan 22, 2007
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