Articles tagged “american airlines”

Spirit Airlines is Prepared for United and American’s Basic Economy Fares

Spirit Airlines is Prepared for United and American’s Basic Economy Fares

Michael Sasso, Bloomberg

Under CEO Robert Fornaro, Spirit has gotten the message — legacy carriers do not want discount airlines growing in their hubs. Instead, Spirit has taken much of its new capacity elsewhere, adding flights at medium-sized airports, like Akron-Canton in Ohio.

2 days ago

United and American Just Started Selling Super Restrictive Discount Fares

United and American Just Started Selling Super Restrictive Discount Fares

Brian Sumers, Skift

Consumers aren't going to like this product, but Basic Economy fares are a sign of the times. Travelers are already buying tickets on Spirit and Frontier that come without free large carry-ons, so why shouldn't American and United offer a similar option?

4 days ago

United Airlines Poaches Another American Airlines Executive

United Airlines Poaches Another American Airlines Executive

Brian Sumers, Skift

American Airlines has a deep bench, so it will be fine. But this is a big get for United, which needed to bolster its senior management ranks. United has not had as much talent in its ranks as American.

1 week ago

Warren Buffett Can’t Get Enough of U.S. Airline Stocks

Warren Buffett Can’t Get Enough of U.S. Airline Stocks

Mary Schlangenstein, Bloomberg

There's no doubt airlines are in better fiscal shape than during previous cycles. But is all this investor enthusiasm warranted? Many U.S. airlines are facing increased competition from low-cost airlines at home and abroad.

1 week ago

Chicago Is Becoming the Center of the Growing Conflict Between United and American

Chicago Is Becoming the Center of the Growing Conflict Between United and American

Brian Sumers, Skift

American has been a big player in Chicago for decades, and that probably won't change. But United President Scott Kirby is one of the most fierce competitors in the airline industry. If he says he wants to win in Chicago, he means it.

2 weeks ago

American Airlines’ Pilot Union Votes ‘No Confidence’ in the Airline’s Executive Team

American Airlines’ Pilot Union Votes ‘No Confidence’ in the Airline’s Executive Team

Mary Schlangenstein, Bloomberg

American Airlines CEO Doug Parker is respected by many of the airline's employees and beloved by Wall Street. He and his executive team will be just fine, no-confidence vote or not. American's pilots should probably just accept that.

2 weeks ago

Union Boss for American Airlines Pilots Criticizes CEO for Skipping Trump Meeting

Union Boss for American Airlines Pilots Criticizes CEO for Skipping Trump Meeting

David Koenig, Associated Press

Parker has a growing problem on his hands with the unions who are now less optimistic about his tenure than they were when he took charge. Pilots are only half of his challenge.

2 weeks ago

Oneworld Alliance Looking at Low-Cost Carriers in Emerging Markets

Oneworld Alliance Looking at Low-Cost Carriers in Emerging Markets

Christopher Jasper, Bloomberg

As Gulf carriers' alliance-by-investment strategy has shown, airlines need to think beyond the traditional bounds of alliances to best serve passengers.

2 weeks ago

Warren Buffett is Willing to Take a ‘Leap of Faith’ on Airline Stocks

Warren Buffett is Willing to Take a ‘Leap of Faith’ on Airline Stocks

Mary Schlangenstein and Noah Buhayar, Bloomberg

You know the old joke. 'How do you make $1 million in the airline industry? You start with $1 billion.' American Airlines CEO Doug Parker has said for at least a year that the old paradigm is no longer true, arguing airlines can consistently make money. Apparently Warren Buffett agrees.

3 weeks ago

American Airlines Fixes a Bug in Its System That Was Preventing Upgrades

American Airlines Fixes a Bug in Its System That Was Preventing Upgrades

Grant Martin, Skift

A strange bug in the upgrade process at American Airlines had been preventing passengers from getting early upgrades. The airline finally fixed the glitch last week.

3 weeks ago

American Airlines Opens Havana Office Hoping Trump Won’t Terminate Ties

American Airlines Opens Havana Office Hoping Trump Won’t Terminate Ties

Associated Press

It would get somewhat harder for the Trump administration to overturn U.S. companies' ties to Cuba the more airlines, cruise lines and hotels set up shop there. Facts on the ground, such as American Airlines' new office in Havana, demonstrate the business case for doing business with Cuba.

3 weeks ago

American Airlines CEO Says Trump Travel Ban Created ‘Turmoil’ at Airports

American Airlines CEO Says Trump Travel Ban Created ‘Turmoil’ at Airports

Michael Sasso and Alan Levin, Bloomberg

President Trump's temporary travel ban for seven Muslim-majority countries was put together in such haste that it was bound to disrupt airport operations around the world. Kudos to American Airlines Group CEO Doug Parker for publicizing the contents of his employee letter blasting the executive order in the form of a news release.

4 weeks ago