7 result(s) displayed (1 - 7 of 7):

AMR: Bad quarter, but relieves bankruptcy fears (from Corporate Dealmaker)

The parent of American Airlines Inc. posted an ugly number Thursday to kick off airline earnings season. But brush aside the gloom and doom of a dismal second quarter, and there is ample reason for hope that the company will be able to navigate the current turbulence.Excluding charges AMR Corp....

Posted on July 16, 2009 1:51 PM

Airlines down but not yet out as cash burn continues (from Corporate Dealmaker)

With airline earning season set to kick off Wednesday, there has been no shortage of stories somberly highlighting what figures to be a rough couple of quarters for the industry. The bear case is pretty straightforward: A bad economy has curtailed travel, forcing the airlines to cut ticket prices to...

Posted on July 14, 2009 3:30 PM

Continental wins antitrust immunity to join Star Alliance (from Corporate Dealmaker)

Siding with the airlines over objections from the Department of Justice, the Transportation Department on Friday granted Continental Airlines Inc. antitrust immunity to coordinate trans-Atlantic service with its Star Alliance partners.Continental last year had requested approval to coordinate its operations with Star airlines, a group that includes UAL Corp.'s (NADAQ:UAUA)...

Posted on July 10, 2009 2:28 PM

Airlines push back at Republic Air targets (from Corporate Dealmaker)

When Republic Airways Holdings Inc. (NASDAQ:RJET) announced plans to buy discounter Frontier Airlines Inc. out of bankruptcy last month, we wondered what the regional jet operator's airline customers might think of Republic's decision to support a company that is a direct competitor. On Wednesday, we might have gotten our first...

Posted on July 8, 2009 2:24 PM

DOJ reviewing Continental-United alliance bid (from Corporate Dealmaker)

The proposed alliance between Continental Airlines Inc. and United Airlines Inc. has hit a speed bump: The Justice Department has requested time to consider the partnership.United and Continental won approval from the Department of Transportation in April to coordinate their international schedules as part of the international Star Alliance. The...

Posted on June 18, 2009 3:45 PM

US Airways CEO still interested in airline deals (from Corporate Dealmaker)

US Airways Group Inc. CEO Doug Parker on Wednesday renewed his call for further consolidation of the airline industry, saying domestic carriers need to contract if the business is to stay viable and make money in downturns.Parker, speaking at the company's annual meeting in New York, praised the 2008 merger...

Posted on June 11, 2009 4:15 PM

Pilots to lawmakers: Delay United/Continental alliance (from Corporate Dealmaker)

Pilots at UAL Corp.'s (NASDAQ:UAUA) United Airlines Inc. opened a new front in their war with management on Tuesday, urging the Obama administration and Congress to delay the scheduled May 31 granting of antitrust immunity to United's partnership with Continental Airlines Inc. (NYSE:CAL) so that pilots can have a chance...

Posted on May 19, 2009 4:50 PM