41.51 +0.02 (0.05%)
Pre-Market: 4:12AM EDT
|Bid||41.51 x 1200|
|Ask||42.88 x 2200|
|Day's Range||41.37 - 42.50|
|52 Week Range||40.65 - 59.08|
|PE Ratio (TTM)||11.38|
|Earnings Date||Jul 26, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||0.40 (0.93%)|
|1y Target Est||57.41|
Federal aircraft evacuation standards are getting reviewed. Right now, the FAA rules says passengers should be able to get out of a plane in 90 seconds in case of an emergency. But airline seating has gotten tighter, and passengers have more carry-ons. Yahoo Finance's Seana Smith, Ethan Wolff-Mann, Dan Roberts, and Dion Rabouin discuss.
Two Charlotte-based American Airlines flight attendants, using Facebook posts, played key roles in changing the airline industry, which has acted nearly uniformly to ask the federal government not to use its flights to transport migrant children being separated from their parents. Among airlines, American acted first, declaring late Wednesday morning that it has “requested the federal government to immediately refrain from using American for the purpose of transporting children who have been separated from their families due to the current immigration policy. “I’m proud that our pleas for humanity to American Airlines did not fall on deaf ears,” said a Charlotte based flight attendant (not one of the Facebook posters), who asked not to be named.
On Wednesday, Delta joined a wave of airlines speaking out against the separation of migrant families at the border.
United, American, Frontier have all distanced themselves from the U.S. policy of separating children from their families at the border
In part because of the fatal Southwest flight in April, the Department of Transportation’s inspector general is opening up an audit of how the Federal Aviation Administration oversaw Southwest's systems for managing risks, it announced Wednesday.
Fed up with state and local laws that require private employers to offer paid sick days, the airlines and railroads have filed suit, claiming that the interstate nature of their businesses should make them exempt. Airlines for America, a trade group that includes American Airlines Group Inc., United Continental Holdings Inc., FedEx Corp. and United Parcel Service Inc., is asking judges in Washington and Massachusetts to exempt the airlines from the state laws, which provide for paid sick leave for all workers. CSX Corp. has also filed in Massachusetts, saying that the state law is overruled by a federal railroad rule that forbids local interference.
"We have no desire to be associated with separating families, or worse, to profit from it," American Airlines said in a statement
American Airlines says a regional affiliate should run close to a normal operation Thursday after canceling 2,750 flights in the past week because of a computer problem. Spokeswoman Katie Cody said PSA ...
American Airlines and United Airlines said Wednesday that they asked the Trump administration not to use their flights to carry migrant children who were separated from their parents by immigration authorities. Facing growing opposition to his administration's recent policy of separating migrant families, President Donald Trump signed an order later in the day to keep families together at the nation's southern border. The issue had galvanized flight attendants, some of whom took to social media to post accounts of seeing young passengers whom they believed to be migrants separated from their parents.
Alaska Airlines also put the government on notice that it doesn’t want to transport migrant children being separated from their families, and Denver-based Frontier Airlines also said it wouldn’t knowingly transport such children. American said it “has no knowledge” that the government had used it to transport children affected by the policy, but said it “would be extremely disappointed to learn that it is the case.” American said it provides travel to the federal government through contracts but that the government doesn’t disclose information about the nature of the flights it takes or passengers who are traveling. signed an executive order “to keep families together.” His administration’s policy of detaining adults seeking asylum at the southern border has separated thousands of children from the adults they traveled with and drawn a firestorm of criticism.
Four major U.S. airlines have asked the federal government not to use their flights to transport migrant children who have been separated from their parents as part of the Trump administration's policy on illegal immigration. American Airlines Group Inc, United Continental Holdings Inc and Frontier Airlines issued statements on Wednesday before U.S. President Donald Trump backed down from the policy and signed an executive order to end the immediate separation of families detained at the U.S.-Mexico border for entering the country illegally.
Mick Mulvaney, director of the Consumer Financial Protection Bureau, said on Wednesday that he thinks that even though it's expensive, it's fair that the U.S. pursues its current zero tolerance immigration policy, in which children are separated from their parents and sometimes flown thousands of miles away. Speaking at the CB Insights Future of Fintech Conference in New York, Mulvaney explained that those who attempt to immigrate to the U.S. legally are not being separated from their families. Mulvaney made the argument that if he were arrested for drunk driving and thrown in jail for a night, his children would not be permitted to stay the night with him in his cell.
U.S. carriers issued a swift rebuke of the Trump administration's "zero tolerance" immigration policy that separates children from their family before the president reversed course and signed an executive order to end the practice that elicited strong bipartisan criticism. "The family separation process that has been widely publicized is not at all aligned with the values of American Airlines -- we bring families together, not apart," the Fort Worth, Texas-based company said in a statement. "We have therefore requested the federal government to immediately refrain from using American for the purpose of transporting children who have been separated from their families due to the current immigration policy.
United Airlines said in a statement Wednesday that it had informed the U.S. government that it should not use the carrier to fly children separated from their families by immigration officials at the U.S.-Mexico border.