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American Airlines Predicts Cash Buildup As Costly Fleet Renewal Subsides
Friday, November 1, 2019 - 3:49pm | 879American Airlines (NYSE: AAL) won't have to make any major fleet decisions for at least six years after completing a $30 billion, multiyear modernization program, positioning American to significantly increase free cash flow and returns to shareholders, according to company executives. Since 2013...
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American Airlines Beats Q3 Earnings Estimates Despite Operational, Cargo Difficulties
Thursday, October 24, 2019 - 1:30pm | 583Cargo business fell during a challenging third quarter for American Airlines (NASDAQ: AAL), which faced operational disruptions and higher costs from labor issues and the grounding of the Boeing 737 MAX. As previewed, the Dallas-based carrier reported Thursday that cargo revenue fell 20% to $208...
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American Airlines To Resume Boeing 737 MAX Service In January
Wednesday, October 9, 2019 - 5:03pm | 640American Airlines (NYSE: AAL) said it expects to begin phasing in the Boeing Co (NYSE: BA) 737 MAX into service by mid-January, nearly nine months after aviation authorities grounded the plane for safety reasons. The Dallas-based airline said in a statement Oct. 9 that the Federal Aviation...
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Barron's Picks And Pans: Activision, AT&T, Boeing, Ford, Nike, Square And More
Saturday, September 7, 2019 - 3:04pm | 677This weekend's Barron's offers three cheap stock picks for impatient investors. Other featured articles discuss how to play the alternative meat, athleisure and mobile gaming themes. Also, the prospects for an aerospace giant, a beleaguered drugmaker a mobile payments company and more....
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American Airlines Settles $22.1 Million Fine For False Mail Delivery Reports
Wednesday, August 21, 2019 - 1:42pm | 340The U.S. Justice Department said American Airlines (NASDAQ: AAL) has agreed to pay a $22.1 million civil penalty to resolve allegations that it falsely reported the times it transferred U.S. mail to foreign postal services. The Fort Worth, Texas-based airline's failure to report accurate transfer...
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American Airlines Cancels 737 MAX Flights Through August 19
Monday, April 15, 2019 - 11:00am | 489According to reporter Shannon Stapleton of Reuters, American Airlines Group (NASDAQ: AAL) announced today (April 14) that it will cancel all of its flights using the Boeing Co (NYSE: BA) 737 MAX 8 aircraft through August 19 as the fleet remains grounded. The airline indicated that the...
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TAC Adds New Air Freight Pricing Routes
Friday, December 21, 2018 - 12:19pm | 778(PHOTO: TAC Index) TAC Index Limited announced that four new routes for air freight pricing will be added to its weekly publication. These routes will include Shanghai to the U.S, Shanghai to Los Angeles, Hong Kong to Singapore, and China/Hong Kong to the U.S. These origin destination pairs are...
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ATSG to Acquire 20 767s and Convert Them to Freighters; Destination Unclear Though Amazon May Want Some
Thursday, December 20, 2018 - 9:00pm | 783Air Transport Services Group, Inc. (NASDAQ: ATSG), said last night that one of its subsidiaries will acquire 20 Boeing Co. (NYSE: BA) 767-300 passenger aircraft and convert them to all-cargo planes over the next three years. The extended-range planes, which based on ATSG's data will have a...
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Benzinga's Bulls & Bears: Amazon, Chevron, Netflix, Snap, And More
Sunday, January 14, 2018 - 12:17pm | 800Benzinga has featured a look at many investor favorite stocks over the past week. Bullish calls featured a big oil pick and some blockchain picks. Bearish calls included struggling retail, apparel and social media stocks. The new year is off to a strong start with markets again hitting...
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Here's Why Warren Buffett Invested in Southwest Airlines
Tuesday, August 29, 2017 - 3:10pm | 4354The economics of the airline industry are dreadful. Here are some reasons why I believe so. high fixed costs - employee, fuel, rents (terminal, etc), no pricing power - commodity like pricing which is often dependent on your competitor, violently cyclical - each time the economy sneezes...
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United Airlines' Q2 Earnings Fly Over Estimates, But Q3 Forecast Downs Stock
Wednesday, July 19, 2017 - 2:12pm | 425United Continental Holdings Inc (NYSE: UAL) has had quite the year from a PR perspective, facing some difficult highly public incidents that appeared to tarnish the brand, if not only temporary. These PR disasters didn't stop the airline from delivering a significant second-quarter earnings...
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Fists Fly In Florida, Qantas CEO Takes Pie In Face In Latest Round of Airline Imbroglios
Tuesday, May 9, 2017 - 1:36pm | 943The dispiritedness in the skies between airlines and their passengers is hitting the industry like a pie in the face. Which was exactly what happened to Qantas Airways Limited CEO Alan Joyce on Tuesday in the Australian city of Perth, where a man approached the executive at a business breakfast...
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Big Banks To Kick Off New Earnings Season With Mixed Results?
Sunday, October 9, 2016 - 1:58pm | 841Three of the big U.S. banks help to kick off a new earnings season this week Wall Street analysts expect to see earnings declines from all three of them. But consensus forecasts also predict marginal top-line growth from two. The third-quarter earnings reporting season is just getting underway...
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Barron's 500: America's Top Companies
Sunday, May 1, 2016 - 4:11pm | 739A special report in this weekend's Barron's offers the results of the latest exclusive annual survey of companies with superior operating performance. See which drug wholesaler soared to the top of list for 2016. Other featured articles discuss the impending defeat of ISIS and the...
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GM And GE: Will Revitalization Efforts Pay Out In Earnings?
Tuesday, April 19, 2016 - 4:43pm | 590Upcoming earnings highlights include the latest results from two old-school giants striving to improve their prospects. Wall Street analysts are looking for earnings growth from just one of them. However, both have handily bested earnings expectations in recent quarters. The new earnings season...