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American Airlines CEO Talks 737 MAX Delays, Earnings And 2020 Outlook
Thursday, January 23, 2020 - 4:08pm | 468Shortly after American Airlines Group Inc (NASDAQ: AAL) reported fourth-quarter results Thursday morning, CEO Doug Parker was a guest on CNBC to discuss the quarter and what's next for the airliner. American Airlines reported adjusted quarterly earnings of $1.15 per share, which missed the...
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Airliners Express Mixed Support For Trump's Call To Privatize Air Traffic Control
Wednesday, June 7, 2017 - 1:09pm | 477Delta Air Lines, Inc. (NYSE: DAL) long opposed the privatization of air traffic control, claiming that such a move would prompt 20- to 29-percent price hikes in air travel and disrupt present progress toward improvements. “Any effort to separate the ATO [Air Traffic Organization] from the FAA...
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American Airlines CEO: Trump Isn't The First To Complain About Boeing's Prices
Wednesday, December 7, 2016 - 11:38am | 292President-elect Donald Trump's Tweet on Tuesday shocked the airline industry and had everyone talking. Boeing Co (NYSE: BA) "is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!" On the one hand, Trump...
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American Airlines CEO On Inclusion In The S&P 500
Tuesday, March 17, 2015 - 2:01pm | 344Shares of American Airlines Group Inc (NASDAQ: AAL) spiked during Tuesday's opening on news that the company will be added to the Standard & Poor's 500 Index. Doug Parker, American Airlines CEO, was on CNBC following the announcement to weigh in on the airliner's addition to the S...
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American Airlines and U.S. Airways Group Reach Settlement
Tuesday, November 12, 2013 - 3:05pm | 505According to press releases from each company, AMR (OTC: AAMRQ) the parent company of American Airlines and U.S. Airways (NYSE: LCC) have settled with federal regulators. In August, a lawsuit was initiated with the Department of Justice which attempted to block the two companies from joining forces...
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Doug Parker Says American Airlines Merger "Great For Customers and Under No Regulatory Risk"
Thursday, February 14, 2013 - 9:21am | 303Doug Parker, the incoming CEO of American Airlines and the new Chairman of the company, Tom Horton, appeared on Squawk Box Thursday morning to discuss the new U.S. Airways (NYSE: LCC) and American Airlines merger plan. Below are some notes from the interview: General Notes: Wants best outcome for...
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U.S. Airways Reports Strong Fourth Quarter Earnings, Shares Pop
Wednesday, January 23, 2013 - 10:47am | 453U.S. Airways (NYSE: LCC) Wednesday morning reported fourth quarter earnings per share that beat analyst expectations and shares rose. The company reported strong earnings growth from the same period a year ago as well. For the fourth quarter of 2012, U.S. Airways reported earnings per share of $0....
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AMR, US Airways Discuss Potential Merger
Thursday, July 19, 2012 - 1:53pm | 452The CEOs of bankrupt AMR Corp. (PINK: AAMRQ) and US Airways (NYSE: LCC) met on Thursday to discuss a potential merger between the two companies. The early morning meeting occurred at a downtown Washington D.C. hotel between AMR CEO Tom Horton and US Airways CEO Doug Parker. According to the Wall...
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UAUA-LCC Merger Talks Break Down
Thursday, April 22, 2010 - 2:43pm | 178US Airways Group Inc (NYSE: LCC) said today that it has ended its merger talks with United Airlines (NASDAQ: UAUA). LCC made the announcement after rumors of UAUA and Continental Airlines Inc (NYSE: CAL) exchanging information as a prelude to a possible merger between these two carriers hit the...