Even higher fares can’t help American Airlines
Even higher fares couldn’t pull American Airlines out of its financial nosedive. American’s parent, AMR Corp., said Wednesday that it lost $162 million in the third quarter, as fuel spending jumped 40 percent, wiping out higher revenue from fare increases and passenger fees. It was AMR’s fourth straight losing quarter and 14th in the last [...]
American Airlines is recalling about 800 furloughed employees, about 1 percent of its work force, as it adds flights on international routes. CEO Gerard Arpey announced the jobs as American launched a new trans-Atlantic business with British Airways and Spanish airline Iberia. American is working on a similar alliance with Japan Airlines across the Pacific. [...]
Continue reading …LONDON (AP) – An American Airlines pilot failed a breath test at London’s Heathrow airport, the airline said Thursday. American said the pilot was given the test Wednesday after airport security staff alerted police. The pilot, whom the airline declined to name, was supposed to operate a flight with 204 passengers to Chicago. The flight [...]
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