American Airlines firms up orders for 787, 737 MAX
American Airlines on Monday confirmed orders with Boeing and Airbus for hundreds of new planes, including 42 Boeing 787 Dreamliners valued at $8.7 billion at list prices.
Found more than 1 month ago on channel Reuters
Airlines Forecast Post-Merger Profits
US Airways and American Airlines said they anticipate the merged company would earn a profit of $2.6 billion this year and remain profitable through 2017, excluding one-time items.
AMR files bankruptcy exit plan in step towards merger with US Airways
NEW YORK - AMR Corp, the parent company of American Airlines, filed formal plans to exit bankruptcy on Monday, bringing its proposed $11 billion merger with US Airways Group closer to reality.
Found 1 month ago on channel Reuters
Investment Firms in Talks to Buy Frontier Airlines
Two investment firms are in discussions with Republic Airways Holdings to acquire discount-carrier Frontier Airlines in a deal that could be valued at more than $1 billion including debt, said people close to the negotiations.
Banks Pressure Kingfisher Airlines
Banks increased pressure on India's Kingfisher Airlines in an attempt to recover $2.5 billion in debt, testing liquor mogul Vijay Mallya's ability to get the carrier flying again.