AMR Corp.’s American Airlines said it has reached an agreement with Expedia Inc. to restore its fares to the popular online travel agent after a dispute kept them off the site for months. Get the full story »
AMR
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AMR 4Q loss narrows on higher revenue
American Airlines parent AMR Corp. posted a smaller-than-expected quarterly loss on a 10.3 percent increase in revenue as the company aimed to control fuel and labor costs.
AMR is the second major U.S. airline to post fourth-quarter results. Delta Air Lines on Tuesday posted a lower-than-expected quarterly profit. Get the full story »
U.S., Asia air alliances expected to win OK
U.S. regulators say they are likely to approve antitrust immunity for two major airline alliances carrying travelers to Asia.
The tentative approval from the Transportation Department on Wednesday would let American Airlines and Japan Airlines coordinate routes and schedules and share revenue on flights across the Pacific. A similar arrangement between United Continental Holdings Inc. and All Nippon Airways also won tentative approval. Get the full story »
American Airlines’ traffic up 3.1% in August
AMR Corp. said American Airlines’ August traffic rose 3.1 percent, a bigger increase than the preceding month, on continued international strength.
Most U.S. airlines have been reporting notable increases in traffic as travelers return to flying. Airlines had been cutting capacity in recent years, first in response to record-high fuel prices and then to cope with a plunge in demand during the recession. Get the full story »
