American Airlines says it will appeal a ruling that would break up a partnership with JetBlue
May 31, 2023 GMTDALLAS (AP) — American Airlines said Wednesday it will appeal a court decision that would force the airline to break up its partnership with JetBlue Airways in the Northeast.
American and JetBlue face a late-June deadline to end the agreement in which they coordinate flights and share revenue.
American Airlines says it has a deal with the pilots’ union on a new contract; terms not disclosed
May 19, 2023 GMTFORT WORTH, Texas (AP) — American Airlines has reached a tentative labor agreement with pilots who recently raised the possibility of a strike against the nation’s biggest airline if they were unable to get a new contract with higher pay.
American Airlines promises raises for pilots, matching Delta
March 9, 2023 GMTDALLAS (AP) — The CEO of American Airlines says he is ready to give pilots raises and higher retirement contributions that would average 40% over four years to match a contract recently approved by pilots at Delta Air Lines.
Airlines back more spending, staff to fix failed FAA system
January 14, 2023 GMTDALLAS (AP) — Airline executives bristled last year when government officials, led by Transportation Secretary Pete Buttigieg, blamed the carriers for causing thousands of flight cancellations and mistreating their customers.
American Airlines CEO defends JetBlue deal to federal judge
October 5, 2022 GMTThe CEO of American Airlines said Monday that his airline needed a partnership with JetBlue because Delta Air Lines had bulked up through a merger sooner than American, had more takeoff and landing rights at New York airports, and fewer unionized workers.
American offers to boost pilot pay 17% by the end of 2024
July 1, 2022 GMTDALLAS (AP) — American Airlines is offering pilots raises of nearly 17% by the end of 2024, a sign of the leverage that pilots enjoy as airlines struggle with a labor shortage.
US airlines say they’ve reached a turning point in recovery
April 21, 2022 GMTDALLAS (AP) — U.S. airlines say they have hit a turning point: After a lousy first quarter, they expect to be profitable as Americans return to travel in the biggest numbers since the start of the pandemic.
American Airlines loses $1.6 billion but sees better outlook
April 21, 2022 GMTDALLAS (AP) — American Airlines lost $1.64 billion in the first quarter, a wider loss than a year ago, but said Thursday that it expects to turn profitable in the spring as travel demand strengthens.
American Airlines reports $931 million fourth-quarter loss
January 20, 2022 GMTDALLAS (AP) — American Airlines lost $931 million in the fourth quarter and the incoming CEO said Thursday that the surge in COVID-19 will delay the airline's recovery by two or three months.
First-quarter revenue is expected to be down about 20% to 22% compared with the first quarter of 2019, and it will fly slightly less than it did two years ago, the airline said.
American CEO Parker becomes latest airline chief to exit
December 8, 2021 GMTDALLAS (AP) — American Airlines CEO Doug Parker will retire in March and be replaced by its current president, Robert Isom, as the airline seeks to rebuild after massive losses caused by the pandemic.
American Airlines turns small profit with taxpayers’ help
July 22, 2021 GMTFORT WORTH, Texas (AP) — American Airlines eked out a second-quarter profit of $19 million, its first since the pandemic started, thanks to nearly $1.5 billion in federal relief.
The report on Thursday underscored the progress airlines are making in rebuilding after the coronavirus crushed air travel — and how much farther they still have to go to fully recover.
American Airlines forecasts better-than-expected 2Q results
July 13, 2021 GMTFORT WORTH, Texas (AP) — American Airlines said Tuesday it expects to report roughly break-even results for the second quarter thanks to $1.4 billion in special items, mostly federal pandemic aid that covered most of the airline's payroll costs.
American Airlines warns 25,000 workers they could lose jobs
July 15, 2020 GMTDALLAS (AP) — American Airlines is notifying about 25,000 workers that their jobs could be eliminated in October because of plunging demand for air travel, adding to the toll that the virus pandemic is taking on the airline industry...