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New American Airlines won’t repeat Pan Am and TWA mistakes, official says
TransportPan Am and TWA, two iconic airlines that were grounded for good in 1991 and 2001, respectively, got “out-competed” domestically by rivals such as United, American, Delta, Continental and Northwest, and that contributed to the duo’s demise. To be sure, the reasons Pan Am and TWA went bust are complex, but US Airways president Scott [...]
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Judge officially approves US Airways-American Airlines merger
TransportU.S. Bankruptcy Judge Sean Lane officially approved American Airlines’ merger agreement with US Airways on Friday, signing a court order that affirmed his decision at a March 27 hearing. And in keeping with his decision, the written order did not approve a $20 million severance package proposed for American Chief Executive Tom Horton _ a [...]
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The new American Airlines to announce executive team in coming weeks
TransportAmerican Airlines and US Airways expect to announce the senior executives of their combined company within a few weeks. CEOs of the airlines said Monday that an announcement could be coming in late May or early June. The companies announced in February that they planned to merge and create the world’s biggest airline. They expect [...]
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Delta and American Airlines match United’s hefty ticket change fee
TransportDelta Air Lines Inc. and American Airlines have matched United’s increase in the fee for changing a domestic-flight reservation to $200 from $150. With US Airways Group Inc. having matched the increase last week, all four of the so-called legacy airlines have raised the cost of changing a ticket. United Continental Holdings Inc. has said [...]
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The new normal in domestic ticket change fee: $200
TransportUS Airways today upped its fee by $50 to $200 for making changes to tickets within U.S./Canada. The change showed up on US Airways’ website this morning….”We’ve increased some of our change fees for customers who purchase nonrefundable tickets yet need to adjust their travel plans. This increase only applies to new ticket purchases.” From the [...]
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US Airways chooses CheapOair in first online partnership for premier seating sales
TransportUS Airways’ ChoiceSeats is a huge revenue-driver, and yesterday the airline announced that ChoiceSeats would be available for the first time online beyond US Airways’ direct-sales channels at online travel agencies CheapOAir and sister company OneTravel. ChoiceSeats are window and aisle seats, and although they don’t offer extra legroom, they are located toward the front of coach, and [...]
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US Airways reports higher profits on account of fuller planes
TransportFull planes were good to US Airways. The nation’s fifth-largest airline posted a bigger adjusted first-quarter profit as it carried more passengers, and collected more from them. US Airways Group Inc. earned $44 million, or 26 cents per share. Its adjusted profit was 31 cents per share, topping the expectations of analysts polled by FactSet. [...]
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Supreme Court: US Airways can’t grab employee’s car-crash settlement
TransportU.S. Airways Inc. can’t grab the money an injured employee won in a lawsuit over a motor vehicle accident without sharing in his legal costs, the U.S. Supreme Court ruled 5-4 Tuesday in a case from Pittsburgh federal court. The airline paid $66,866 in medical bills for James McCutchen of East Liverpool, Ohio, after he [...]
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American files bankruptcy exit plan, as it closes on US Airways merger
TransportAMR Corp, the parent company of American Airlines, filed formal plans to exit bankruptcy on Monday, bringing its proposed $11 billion merger with US Airways Group closer to reality. The reorganization plan, which details some executive compensation and outlines measures for creditors and shareholders, is a necessary step before the two companies can come together [...]
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American Airlines reorganization plan imminent
TransportAmerican Airlines is about to spell out its plan for emerging from bankruptcy protection after merging with US Airways. US Airways Group Inc., whose CEO will run the combined company, said in a message to employees that American was expected to file its reorganization plan later Monday in federal bankruptcy court in New York. American [...]
