LISBON, Portugal— The Portuguese government says it has agreed to buy 50 percent of the country's carrier TAP Air Portugal for 1.9 million euros. Prime Minister Antonio Costa, Planning and Infrastructure Minister Pedro Marques and Finance Minister Mario Centeno were at the ceremony in Lisbon. On Jan. 7, the Cabinet announced it was annulling the concessions to...» Read More
AMERICAN AIRLINES EXPECTS SYSTEM CAPACITY TO BE UP BETWEEN 2 PCT TO 3 PCT IN 2016 VERSUS A YEAR EARLIER- CFO.
AMERICAN AIRLINES GROUP INC EXPECTS 4 Q SYSTEM CAPACITY TO BE UP ABOUT 1 PERCENT YEAR OVER YEAR- CFO.
Oct 23- American Airlines Group Inc, the world's largest carrier, said on Friday its third-quarter profit jumped, beating analysts' expectations. The earnings report comes about a week after American finished transferring thousands of customer reservations from the computer platform of subsidiary US Airways to the one used by American.
Oct 23- American Airlines Group Inc, the world's largest carrier, said on Friday its third-quarter profit jumped, beating analysts' expectations. The earnings report comes about a week after it finished transferring thousands of customer reservations from the computer platform of subsidiary US Airways to the one used by American. American and US Airways...
COPENHAGEN, Oct 23- A.P. Moller-Maersk cut its 2015 profit forecast by 15 percent on Friday, blaming a slowdown in the container shipping market that suggests a weakening global economy. The Danish conglomerate operates Maersk Line, the world's largest container shipping company which transports roughly 20 percent of all goods on the busiest routes between...
Maersk CEO, Nils S. Andersen, discusses the weak development between Asia and Europe, oil prices and the China slowdown.
Tokyo, Oct 23- Mitsubishi Aircraft said on Friday it will delay the maiden test flight of Japan's first commercial jet in half a century by at least two weeks to fix a faulty pedal in the test plane's cockpit. Already three years late, Mitsubishi Aircraft, which earlier this year pushed back the first test flight from June, is under pressure to get the aircraft ready...
COPENHAGEN, Oct 23- A.P. Moller-Maersk downgraded its full-year outlook for underlying profit by $600 million to about $3.4 billion on Friday, citing deterioration in the container shipping market. The Copenhagen- based shipping and oil conglomerate, which controls the world's largest container shipping company Maersk Line, said that market conditions...
SOUTHWEST AIRLINES EXPECTS LOAD FACTOR WILL AT TIMES BE "PRETTY LIGHT" FOR INTERNATIONAL FLIGHTS FROM HOUSTON- CEO.
SOUTHWEST AIRLINES LOAD FACTOR ON NEW INTERNATIONAL FLIGHTS FROM HOUSTON IS "CONSISTENTLY VERY HIGH"- CEO.
NEW YORK, Oct 22- United Airlines on Thursday tried to dismiss concerns that executive shake-ups have left an amateur team running its business, promising better service for travelers and minimal expansion in 2016 for investors worried about weak demand. Shares of parent United Continental Holdings Inc rose more than 2 percent after its forecast for profit...
UNITED AIRLINES EXPECTS 2016 CAPACITY TO GROW 1 TO 2 PERCENT FOR DOMESTIC FLIGHTS AND 2 TO 3 PERCENT FOR INTERNATIONAL FLIGHTS- CRO.
CHANGES AT UNITED AIRLINES TO INCLUDE UPDATES TO IN-FLIGHT EXPERIENCE AND IMPROVED RELIABILITY OF FLIGHTS- ACTING CEO.
UNITED AIRLINES TO ANNOUNCE CHANGES IN UPCOMING WEEKS THAT ARE RESULT OF CUSTOMER AND EMPLOYEE FEEDBACK SOLICITED BY CEO OSCAR MUNOZ- ACTING CEO BRETT HART.
UNITED AIRLINES ON THURSDAY ENTERED INTO $300 MILLION ACCELERATED SHARE REPURCHASE PROGRAM TO BE COMPLETED IN 3 MONTHS- ACTING CFO.
UNITED AIRLINES FUEL HEDGES FOR 2016 CURRENTLY IN A LOSS POSITION OF $43 MILLION- ACTING CFO.
UNITED AIRLINES HAS ABOUT 17 PERCENT OF EXPECTED FUEL CONSUMPTION IN 2016 COVERED BY HEDGES- ACTING CFO.
UNITED AIRLINES BOOKINGS ON U.S.- CHINA ROUTES HAVE REBOUNDED TO LEVELS NEAR WHERE THEY WERE BEFORE CHINA'S CURRENCY DEVALUATION- CHIEF REVENUE OFFICER.
UNITED AIRLINES SAW BRIEF DROP IN BOOKINGS ON U.S.- CHINA ROUTES AFTER CHINA DEVALUED CURRENCY- CHIEF REVENUE OFFICER.
UNITED AIRLINES EXPECTS CAPACITY IN 2016 TO GROW BETWEEN 1.5 PERCENT AND 2.5 PERCENT FROM A YEAR EARLIER- CHIEF REVENUE OFFICER.