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Tag: American Airlines

In this photo provided by the New York Stock Exchange, a trio of specialists work at a post on the floor, Monday, June 13, 2022. (Courtney Crow/New York Stock Exchange via AP)

Wall St slides as rate worries push bond yields higher

Wall Street indexes retreated as concerns around the timing and scale of the Federal Reserve’s interest rate cuts pushed Treasury yields higher and pressured stocks.

Read More Wall St slides as rate worries push bond yields higher
American Airlines Posts Record Revenue For 2nd Quarter MIAMI, FLORIDA - JULY 20: An American Airlines plane takes off from the Miami International Airport on July 20, 2023 in Miami, Florida. The company reported a record quarterly revenue of $14.1 billion, a 4.7% increase from the prior year. (Photo by Joe Raedle/Getty Images)

American Airlines Says Lawsuit Response Statement Was An ‘Error’ After Blaming Child Who Was Secretly Filmed In Restroom

American Airlines has released a new court filing, stating that a previous statement by them that seemingly blamed an underage girl for being filmed discreetly by a pedophilic flight attendant was an “error” on their part.

Read More American Airlines Says Lawsuit Response Statement Was An ‘Error’ After Blaming Child Who Was Secretly Filmed In Restroom
U.S. Airline Industry Struggles Through Turbulent Times LOS ANGELES, CA - APRIL 15: A jet comes in for landing at Los Angeles International Airport (LAX) on April 15, 2008 in Los Angeles, California. With skyrocketing fuel prices and a weak economy, US airlines are turning to mergers which could ultimately lead to higher fares through reduced flights and increased market power. US carriers emerged from a five-year slump in 2006 but with $35 billion in losses. In the latest merger move to save profits, Delta Air Lines Inc will buy Northwest Airlines Corp for more than $3 billion, creating the world's biggest airline. Recent profit challenges to the industry have lead to the shutdown of ATA, Skybus, and Aloha Airlines as well as bankruptcy for Frontier Airlines. (Photo by David McNew/Getty Images)

Biden Admin. Sued By Major Airlines Over Fee Disclosure Rules 

Major United States Airlines are suing the Biden Administration and the U.S. Transport Department (USDOT) over a new rule that requires upfront disclosure of airline fees. 

Read More Biden Admin. Sued By Major Airlines Over Fee Disclosure Rules 
A plane takes off as seen from inside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in the Queens borough of New York City, New York, U.S., June 1, 2022. REUTERS/Mike Segar/File Photo

Major airlines sue Biden administration over fee disclosure rule

A new rule requiring upfront disclosure of airline fees is the latest clash between air carriers and the Biden administration.

Read More Major airlines sue Biden administration over fee disclosure rule
A Southwest Airlines passenger jet lands at Chicago Midway International Airport in Chicago, Illinois, on December 28, 2022. (Photo by KAMIL KRZACZYNSKI / AFP) (Photo by KAMIL KRZACZYNSKI/AFP via Getty Images)

Southwest Airlines To Lay Off 2,000 Employees, Halt Service At 4 Airports

Southwest Airlines has announced that they will be laying off around 2,000 employees and closing operations at four different airports across the globe. 

Read More Southwest Airlines To Lay Off 2,000 Employees, Halt Service At 4 Airports
A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 5, 2024. REUTERS/Andrew Kelly/File Photo

Wall St gains from megacaps thrust; earnings, Fed comments on tap

Wall Street’s main indexes rose on Wednesday, boosted by megacap growth stocks and as corporate results rolled in.

Read More Wall St gains from megacaps thrust; earnings, Fed comments on tap

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