American Airlines plans to park about 10 percent of its MD-80 fleet this year and trim domestic capacity to stem losses from sky-high fuel prices. Get the full story »
AMR Corp., parent of American Airlines, said it was investigating the legitimacy of a reported $3.25 billion buyout offer from a company called Sterling Global Holdings.
AMR confirmed it received a letter from Sterling Global on Wednesday, but said “at this time we have no corroborating information to demonstrate the offer described in the letter is legitimate.” Get the full story »
With airline traffic badly snarled by a blaze at Miami International Airport, American Airlines said Friday that it wouldn’t charge Miami-bound passengers a fee for switching flights to another airport or traveling on another day.
Cancellations and delays have soared as airlines struggled to refuel planes after a fire in the airport’s fuel farm Wednesday night. At mid-day Friday, 95 departures at Miami International had been canceled and just 43 percent of flights left on-time, according to FlightStats.com. The site, which monitors airline traffic, tallied 106 cancellations on Thursday out of 570 scheduled departures. Get the full story »
A federal judge has limited the damages that can be awarded to financial firm Cantor Fitzgerald as part of its lawsuit against American Airlines stemming from the Sept. 11 attacks, according to court documents released Wednesday.
Cantor Fitzgerald was housed on the top five floors of the first of the twin towers to be struck, in this case by American Airlines Flight 11 after it was hijacked in 2001. The company lost 658 of nearly 1,000 local employees in the attack. Get the full story »
Orbitz Worldwide Inc. stopped selling American Airlines’ tickets on Tuesday afternoon after a Cook County Circuit Court judge allowed the nation’s #3 airline to yank all content from the online travel giant.
American said it pulled its inventory from Orbitz immediately after the ruling. Customers who need to change tickets booked through Orbitz.com should call 1-800-433-7300, the airline advised.
Texas-based American had sought to sever ties to the Chicago-based online travel agency on Dec. 1 as a result of a contract dispute with Orbitz and Travelport, the online travel giant’s largest shareholder. Get the full story »
American Airlines, British Airways and Iberia have announced new routes as they launch their trans-Atlantic business on Wednesday.
The three airlines say that the tie-up will give customers more access to cheaper fares, bigger choice of flight times and easier connections. Get the full story »
The Chicago City Council gave final approval on Wednesday to $1 billion of revenue bonds to continue expanding O’Hare International Airport.
But the two major carriers at the airport are not saying if they plan on fighting the debt sale.
A spokesman for American Airlines said there was “no comment at this time.” Get the full story »
The company Aircell said Thursday that it has settled remaining claims in a patent lawsuit brought against the company over its in-flight Internet system.
The settlement news comes three weeks after a Massachusetts jury found that Aircell had not infringed on a patent owned by Ambit Corp., a technology company based in Massachusetts. Get the full story »