American Airlines

American Airlines CEO Opts for Stock-Only Compensation

American Airlines CEO Opts for Stock-Only Compensation

American Airlines CEO Doug Parker announced he would voluntarily give up the cash portion in his compensation package and only be paid in stock, according to a proxy statement filed by the airline.
“I believe this is the right way for my compensation to be set — at risk, based entirely on the results achieved, and in the same currency that our shareholders receive,” Parker wrote in the statement.
Parker was paid …

American Sees Decrease in March Traffic

American Sees Decrease in March Traffic

American Airlines Group announced operational results for March 2015.
Consolidated system traffic for the airline was 18.4 billion revenue passenger miles, or RPMs, down 0.6% from 18.5 billion in the same period last year.  Consolidated capacity was 22.41 billion available seat miles, or ASMs, a slight 0.9% drop from 22.62 billion.
The airline’s consolidated load factor was 82.1%, an increase of 0.3 percentage points from 81.8% in March 2014.
The airline said it …

Lobby Bar – April 10: Mickey Mouse Moves to NYC, Death of an Editor, and a Poet is Born

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Lobby Bar – An Unabashedly False Summary of FBT News and Views
Cheap entertainment. Head to the East Village, where beers are a dollar and ice cream has a sexuality, to see Stomp, an athletically musical performance sans vocals, at the Orpheum theater. Or, for a less expensive version of the show, simply put a toddler in your kitchen and tell him that he has lost dessert privileges.
Fry this. Find out …

Air Traffic Control Strike in France Causes Thousands of Flight Cancellations

Air Traffic Control Strike in France Causes Thousands of Flight Cancellations

Air traffic control workers in France began a two-day strike on Wednesday, causing thousands of flights that would fly over French airspace to be cancelled and delayed.
The French Civil Aviation Authority DGAC asked airlines to cancel approximately 40% of their flights on Wednesday, and warned that that number could be as high as 50% on Thursday, April 9.
Air France, the country’s flag carrier, which has its main hub at Charles …

American Airlines Obtains Single Operating Certificate

American Airlines Obtains Single Operating Certificate

American Airlines announced that the FAA granted the airline a single operating certificate.
The airline began flying under the single operating certificate and call sign “American” at 7:00 a.m. GMT and all flights previously scheduled under the AWE (Cactus) call sign used by US Airways until now will operate using AAL (American).
American Air Carrier Certificate AALA025A was temporarily issued with both “American Airlines” and “US Airways” because American will continue to …

American Airlines Upgrading Domestic First-Class Meals

American Airlines Upgrading Domestic First-Class Meals

American Airlines announced plans to offer new dining options in its domestic first-class cabins starting in May.
The Fort Worth-based airline is bringing back the option of having a salad as an entrée on flights between 1,000 and 2,200 miles (which translates to flight times between two hours and 45 minutes and four hours and 30 minutes).  The salad will include a choice of chicken, beef, or shrimp served on the …

DOT: 2014 Was Record Year for Travel to and Within the United States

DOT: 2014 Was Record Year for Travel to and Within the United States

The number of passengers flown by U.S. airlines and foreign airlines serving the United States soared in 2014 to an all-time high according to Department of Transportation figures just released.
The agency’s Bureau of Transportation Statistics said that the number of passengers rose by 2.5% to 848.1 million in 2014, eclipsing the previous record high of 838.4 million.  Domestic passenger traffic was up 2.6% and passengers on international flights climbed by …