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☆ American, JetBlue Spar With Justice Department as Antitrust Trial Winds Down
▼ + stars: | 2022-11-19 | by ( Alison Sider | ) www.wsj.com time to read: 1 min

A Justice Department lawyer asked a federal judge to dissolve a partnership between American Airlines Group Inc. and JetBlue Airways Corp., winding down arguments in an antitrust trial that could determine the alliance’s fate. Attorneys for the airlines defended their arrangement, arguing that working together has allowed them to more vigorously challenge rivals in New York and Boston, enhancing competition in markets where American and JetBlue would have otherwise struggled to grow.

☆ American Airlines, JetBlue alliance will harm travelers, U.S. argues
▼ + stars: | 2022-11-18 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

[1/2] Robin Hayes, CEO of Jet Blue, arrives at the federal courthouse to testify in an antitrust lawsuit seeking to unwind the "Northeast Alliance" partnership between American Airlines and JetBlue Airways Corp, in Boston, Massachusetts, U.S. September 27, 2022. REUTERS/Brian Snyder/File PhotoNov 18 (Reuters) - Lawyers for the U.S. Justice Department said American Airlines Group's (AAL.O) alliance with JetBlue Airways Corp (JBLU.O) would harm travelers while the airlines pushed back during closing arguments on Friday in the government's bid to dissolve the partnership. Through the alliance, the airlines coordinate flights and pool revenue to the detriment of travelers, said the department, arguing consumers face nearly $700 million in extra annual costs. Justice Department lawyer Bill Jones argued the alliance gives the airlines incentives to raise prices and that they are no longer competing. Lawyers for JetBlue and American argued the alliance, which was announced in 2020, has not raised air fares or resulted in flight cuts.

☆ U.S. airlines cancel 1,220 flights as tropical storm Nicole makes landfall in Florida
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +1 min

Nov 10 (Reuters) - Airlines in the United States canceled 1,220 flights on early Thursday as tropical storm Nicole made landfall in the east coast of Florida, disrupting flight schedules and forcing airports in the region to shut. Delta Air Lines (DAL.N), American Airlines Group (AAL.O) and Southwest Airlines (LUV.N) canceled more than 100 flights each, while United Airlines (UAL.O) called off 73 trips, according to flight-tracking website Flightaware.com. Nearly 990 flights were canceled on Wednesday. The Federal Aviation Administration had earlier this week warned travelers that it expected the tropical storm to strengthen and impact travel in Florida and along the southeast coast. Airports within the affected region including Orlando International, Daytona Beach International and Palm Beach International ceased operations, while Jacksonville International Airport remained open.

☆ Pilots Are Frustrated With Airlines, Too
▼ + stars: | 2022-11-03 | by ( Alison Sider | ) www.wsj.com time to read: 1 min

Contract talks between the biggest U.S. carriers and their pilots’ unions have turned acrimonious in recent weeks, with pilots saying the summer disruptions have left them as frustrated as passengers. Airline employees have been picketing at airports for months. The board of the Allied Pilots Association, which represents pilots at American Airlines Group Inc., on Wednesday voted down a proposal for a two-year contract that would have boosted pilot pay by about 20% over that time. Delta Air Lines Inc. pilots overwhelmingly voted this week to let union leaders call a strike if they decide it is necessary—a vote that is largely symbolic for now but reflects pilots’ frustration with what they see as stalled progress. United Airlines Holdings Inc. pilots rejected an unpopular agreement its union struck earlier this year.

☆ At American Airlines, First Class Out, Business Class In for International Trips
▼ + stars: | 2022-10-21 | by ( Alison Sider | ) www.wsj.com time to read: 1 min

American Airlines says customers want more business-class seats over first-class seats. American Airlines Group Inc. is replacing its first-class seats on international flights with new business-class suites. The reason: Customers aren’t that interested in buying first-class seats, Chief Commercial Officer Vasu Raja said on an earnings conference call Thursday, explaining a change first announced last month.

☆ American Airlines is ditching first class on all flights because customers simply 'aren't buying it'
▼ + stars: | 2022-10-21 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

American Airlines is ditching first class because customers aren't booking seats. The airline is instead focusing on its new business class offering, known as Flagship Suites. AA said it plans to increase the number of premium seats on its planes by 45% by 2026. American Airlines did not immediately respond to Insider's request for further comment, made outside normal US working hours. The American Airlines Group, which includes regional carriers Piedmont, Envoy, and PSA, flew more than 500,000 flights in the third quarter of the year.

☆ Travel Demand Remains Strong, Airlines Say
▼ + stars: | 2022-10-20 | by ( Alison Sider | ) www.wsj.com time to read: 1 min

The pandemic-related travel boom shows little sign of tapering off, despite persistent inflation and a murky economic outlook, airlines say. American Airlines Group was the latest U.S. carrier to report record revenues during the third quarter and to project a profitable end to the year, as consumers continue to prioritize spending on travel.

Oct 20 (Reuters) - American Airlines Group Inc (AAL.O) on Thursday forecast that fourth-quarter profit would exceed analyst estimates after posting better-than-expected earnings in the third quarter, as demand for travel remained resilient despite higher airfare and growing risks of an economic recession. American is the latest airline to provide an upbeat forecast even as a worsening economic outlook has sparked worries about travel spending. Carriers, however, say an unquenched thirst for travel, hybrid work arrangements and limited airline capacity would keep their business humming. American said demand for domestic and short-haul international travel is "very strong", and lifting of travel restrictions and testing requirements around the globe are expected to further drive up long-haul international traffic. Adjusted profit for the third quarter came in at 69 cents per share, topping analysts' expectations of 56 cents a share.

☆ American Airlines forecasts strong profit for December quarter
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +1 min

Oct 20 (Reuters) - American Airlines Group Inc (AAL.O) expects to report a profit in the December quarter above Wall Street estimates, the company said on Thursday, helped by a strong rebound in travel as the demand shows no signs of cooling despite high airfare. Shares of American Airlines were up about 3% at $14.43 in premarket trade. American Airlines reported an adjusted profit of $478 million, or 69 cents per share, for the quarter ended Sept. 30, compared with an adjusted loss of $641 million, or 99 cents per share, a year earlier. The Fort Worth, Texas-based airline's operating revenue rose to about $13.46 billion from about $8.97 billion a year earlier. Register now for FREE unlimited access to Reuters.com RegisterReporting by Aishwarya Nair in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

☆ American Airlines Revenue Up as Travel Demand Holds
▼ + stars: | 2022-10-20 | by ( Will Feuer | ) www.wsj.com time to read: 1 min

American Airlines Group Inc. said travel demand remained strong in the third quarter, even as the airline charged more to fly and the industry faced challenges throughout the summer that disrupted travel plans. The Fort Worth, Texas-based company said Thursday that its quarterly revenue was 13% higher than the same period in 2019, while flying capacity was down 9.6% amid a cut in flights.

☆ Economic worries loom over U.S. airline earnings
▼ + stars: | 2022-10-12 | by ( Rajesh Kumar Singh | ) www.reuters.com time to read: +4 min

Travel demand tends to cool after Labor Day, which marks the unofficial end of the U.S. summer season. Britain's biggest airport, Heathrow, on Tuesday warned of a possible slowdown in travel demand this winter. As companies call their employees back to office, business travel demand has received a boost. Prior to the pandemic, business travel accounted for up to 50% of the U.S airline industry's passenger revenue, according to trade group Airlines for America. "We're looking at business travel," Christopher Raite, senior analyst at Third Bridge, said.

☆ American Airlines Sees Third-Quarter Revenue Topping Outlook
▼ + stars: | 2022-10-11 | by ( Will Feuer | ) www.wsj.com time to read: 1 min

American Airlines and other carriers have experienced resurgent demand as vacationers step up their air travel. American Airlines Group projected third-quarter revenue above its prior guidance, even as it trimmed the number of flights offered to travelers. The Fort Worth, Texas-based airline on Tuesday said in a filing on its preliminary results that it cut its flight schedule by nearly 10% in the period and made more money than it expected per mile flown.

☆ Factbox: U.S. companies brace for Hurricane Ian
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +5 min

Sept 28 (Reuters) - Hurricane Ian is set to make landfall in Florida on Wednesday, pushing residents to empty grocery shelves, board up windows and rush to evacuation shelters. Since then, it has been working to redeploy offshore personnel after determining Hurricane Ian no longer posed a significant threat to its assets. NextEra Energy Inc's (NEE.N) Florida Power & Light Co, the largest utility in the state, deployed nearly 16,000 workers from 27 states to restore power. A spokesperson said the company was monitoring the hurricane and making adjustments to operations to keep warehouse staff and drivers safe. CRUISE OPERATORSWalt Disney Co's Disney Cruise Line on Tuesday canceled its Disney Wish ship that was to set sail from Florida on Friday.

☆ Factbox: U.S. companies gird themselves as Hurricane Ian makes landfall
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +6 min

Sept 28 (Reuters) - Hurricane Ian makes landfall in Florida with Category 4 fury on Wednesday, pushing residents to empty grocery shelves, board up windows and rush to evacuation shelters. Since then, it has been working to redeploy offshore personnel after determining Hurricane Ian no longer posed a significant threat to its assets. A spokesperson said the company was monitoring the hurricane and making adjustments to operations to keep warehouse staff and drivers safe. Costco Wholesale Corp closed nine stores located in Florida due to an impact of Hurricane Ian. CRUISE OPERATORSWalt Disney Co's Disney Cruise Line on Tuesday canceled its Disney Wish ship that was to set sail from Florida on Friday.

☆ Airlines scrap over 1,200 U.S. flights as Hurricane Ian set to make landfall
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +2 min

Sept 27 (Reuters) - Airlines canceled over a thousand U.S. flights on Tuesday and Wednesday and several Florida airports are halting operations as they braced for impact from Hurricane Ian, which was set to make landfall in the state. Airlines had scrapped 321 flights on Tuesday and 1,148 on Wednesday across the U.S., according to flight-tracking website Flightaware.com. ET Tuesday, while Tampa Airport will halt operations at 5 p.m. and Orlando International Airport will cease operations at 10:30 a.m. Wednesday. The Federal Aviation Administration said it was "closely monitoring" Hurricane Ian and its path. American Airlines Group Inc (AAL.O) said it has issued a travel alert for 20 airports in the western Caribbean and Florida.

☆ Airfares in Focus as Antitrust Trial on American-JetBlue Alliance Gets Under Way
▼ + stars: | 2022-09-27 | by ( Erin Mulvaney | ) www.wsj.com time to read: 1 min

BOSTON—A federal antitrust trial to determine the fate of a partnership between American Airlines Group Inc. and JetBlue Airways Corp. got under way Tuesday with the Justice Department and the airlines clashing over whether the alliance would lead to higher fares. The department told U.S. District Judge Leo Sorokin that it would present evidence showing that American and JetBlue each planned to compete vigorously at key hubs in the Northeast before they decided instead to join forces in New York and Boston.

☆ American, JetBlue to Face Off Against Justice Department in Antitrust Trial
▼ + stars: | 2022-09-26 | by ( Alison Sider | Erin Mulvaney | ) www.wsj.com time to read: 1 min

American and JetBlue say that working together would make them more viable challengers in New York and Boston markets. American Airlines Group and JetBlue Airways Corp. will defend their partnership in a trial starting this week against government allegations that they are squelching competition in New York and Boston and harming consumers throughout the country. The Justice Department, along with six states and the District of Columbia, filed an antitrust lawsuit last year to block a 2020 agreement between the two airlines to sell seats on one another’s flights along certain routes, pool airport slots, coordinate schedules and share revenue from flights within the scope of the partnership in the Northeast.

☆ Airline’s Pitch to Aspiring Pilots: Fly Our Planes Now, Work for Us Later
▼ + stars: | 2022-09-22 | by ( Alison Sider | ) www.wsj.com time to read: 1 min

Regional airline company Mesa Air Group is offering a new way for pilots who have gone through initial training to build up the hundreds of additional flying hours they need to qualify for airline jobs. The airline, which flies for United Airlines Holdings Inc., American Airlines Group Inc. and cargo carrier DHL Express, said Thursday that it acquired 29 small two-seat planes with options to buy as many as 75 more over the next year. It plans to extend pilots interest-free loans to fly those planes around until they have accumulated the hours they need to work at Mesa.

☆ How One Airline Wants to Solve the Pilot Shortage: Lend Pilots Money to Fly
▼ + stars: | 2022-09-22 | by ( Alison Sider | ) www.wsj.com time to read: 1 min

Mesa Air plans to offer pilots interest-free loans to build up the additional flying hours they need to qualify for airline jobs. Regional airline company Mesa Air Group is offering a new way for pilots who have gone through initial training to build up the hundreds of additional flying hours they need to qualify for airline jobs. The airline, which flies for United Airlines Holdings Inc., American Airlines Group Inc. and cargo carrier DHL Express, said Thursday that it acquired 29 small two-seat planes with options to buy as many as 75 more over the next year. It plans to extend pilots interest-free loans to fly those planes around until they have accumulated the hours they need to work at Mesa.

☆ American Airlines Says Data Breach Affected Small Number of Customers
▼ + stars: | 2022-09-20 | by ( Alison Sider | ) www.wsj.com time to read: 1 min

Hackers gained access to personal data for a “very small number” of American Airlines Group customers and employees through a phishing scam that affected some employee email accounts, the airline said Tuesday. American discovered the breach in July, according to a Sept. 16 notification letter shared with state regulators in Montana. The airline said in a written statement that it has no evidence that any personal data had been misused.

☆ Delta Looks to Improve Margins, Cut Debt as Travel Rebounds
▼ + stars: | 2022-09-19 | by ( Nina Trentmann | ) www.wsj.com time to read: +8 min

September has been off to a good start, Mr. Janki said at a conference last week. Consumer demand remains strong and corporate travel—an important income generator for Delta before the pandemic—is recovering, Mr. Janki said. “We are keenly focused on continuing to strengthen the balance sheet and drive debt down,” Mr. Janki said. Adjusted net debt stood at $19.6 billion at the end of the second quarter, Delta said. Mr. Janki wants his 600-people strong finance team to rely more on data and improve its systems, including streamlining information in the cloud.

☆ U.S. airlines sound bullish as bookings roar back
▼ + stars: | 2022-04-22 | by ( Rajesh Kumar Singh | ) www.reuters.com time to read: +4 min

That's the message major U.S. carriers are sending investors after grappling with coronavirus-induced uncertainty for two years. Last week, rival Delta Air Lines (DAL.N) also forecast a return to quarterly profit, citing "historic" high bookings. An American Airlines Airbus A321-200 plane takes off from Los Angeles International airport (LAX) in Los Angeles, California, U.S. March 28, 2018. Fuel is the industry's second-biggest expense after labor, but major U.S. airlines do not hedge against volatile oil prices like most European airlines. "You put all that together, and we feel very bullish," Kirby said on the company's earnings call.

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