29.16 -0.13 (-0.44%)
After hours: 6:58PM EST
|Bid||29.15 x 800|
|Ask||29.28 x 800|
|Day's Range||28.73 - 29.38|
|52 Week Range||24.23 - 40.58|
|Beta (3Y Monthly)||1.69|
|PE Ratio (TTM)||8.29|
|Earnings Date||Jan 22, 2020 - Jan 27, 2020|
|Forward Dividend & Yield||0.40 (1.40%)|
|1y Target Est||36.26|
American and Southwest ranked third and fourth, respectively, among the four big airlines in a business travel survey.
Italian dishes from Chef Sarah Grueneberg will be among the first culinary offerings for travelers stemming from the airline's partnership with the James Beard Foundation.
American Airlines is moving to spotlight the food creations of James Beard Award-winning chefs in premium cabins and Chicago chef Sarah Grueneberg is up first.
United Airlines (UAL) extends the grounding period of its Boeing 737 MAX jets through next March with persistent ambiguity surrounding the aircraft's return to service.
United Airlines (UAL) joins American Airlines (AAL) and Southwest Airlines (LUV) in extending the grounding period of Boeing 737 Max jets until March 2020.
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of American Airlines...
American's lounge at Narita International Airport will close in March as it shifts flying to Haneda in Tokyo, Japan.
The two sides have discussed anywhere from 24 to possibly up to 30 gates for the new terminal, said DFW Airport Chief Executive Sean Donohue in a recent interview with the Dallas Business Journal. To satisfy demand for more gates sooner, Donohue said phasing will be important in construction of Terminal F. Construction is slated for completion as soon as 2025. The airline added 15 new gates to its capacity at DFW this year for regional flights.
An APFA board member called for the president of the union to resign, according to emails obtained by the Dallas Business Journal.
As budget airlines charge travelers extra for things like selecting seats ahead of time, it’s created problems for parents who want to ensure their children are seated next to them without the flight becoming cost-prohibitive, USA Today reports. In rare cases, parents have chosen to rebook flights to ensure they’ll sit together, which can cost thousands more, per Consumer Reports. Airlines have different policies regarding family seating and some have said concern over families being split up on flights is over-exaggerated, per USA Today.
American Airlines flight attendants will be in attendance for a three-day information session Boeing is hosting in early December that will give various stakeholders in the 737 Max an overview of the jet's return.
United Airlines extends the cancellation of Boeing 737 MAX flights until March 4, mostly matching the return date scheduled by peers American and Southwest.
A new J.D. Power report also found growing confusion among travelers about how loyalty programs work as changes are made.
"It's not our only aircraft, so our people didn't really lose wages," said Lori Bassani, president of the Association of Professional Flight Attendants.
Some older pavement is as thin as 14 inches, with the average being 16 inches thick, resulting in airfield assets continually needing emergency repairs. Modern airports require 20 or more inches of thickness.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Dallas-Fort Worth Int'l. New York, November 13, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Dallas-Fort Worth Int'l. Airport Board, TX and other ratings that are associated with the same analytical unit.
Boeing hopes it can restart deliveries in December, but pilot training that will clear the jets for passenger flights isn't expected to be approved until January.
The bank launched coverage of the U.S. airlines. Analyst Myles Walton sees tough times ahead for the sector and recommends investors buy the carriers with the most growth potential.
LATAM said it would leave American Airlines' Oneworld Alliance after Delta took a 20-percent stake in the company.
(Bloomberg) -- Google is taking its deepest dive yet into the financial lives of its users with plans to roll out a checking-account service.Citigroup Inc. and a California credit union are the tech giant’s initial partners for the venture, which will let users access their bank accounts through the Google Pay app beginning next year, according to people familiar with the matter. Other banks could join up later, the people said, asking not to be identified because the plans haven’t been announced.“We’re exploring how we can partner with banks and credit unions in the U.S. to offer smart checking accounts through Google Pay, helping their customers benefit from useful insights and budgeting tools,” Google said in an emailed statement, adding that the accounts will carry federally guaranteed insurance.The move is the latest sign of Silicon Valley’s determination to muscle in on financial firms’ territory, looking to expand their hold on customers and accumulate data on their finances. At the same time, it shows banks are more willing to pair up with technology companies in their quest to avoid getting shut out of the relationship entirely. In the Google arrangement, the financial institutions will handle most of the compliance requirements.Google has spent years building out its payments capabilities, offering consumers the ability to send money to friends and check out both online and in stores through Google Pay. With the checking accounts, consumers will be able to receive their paychecks and transact solely inside the Google ecosystem.“We’re going to see more of this, but it’s not the death of banking,” Bryce VanDiver, a partner with Capco who advises banks and payment companies, said in a telephone interview. “Compliance is still being manged by Citi. If you look at banks’ core competencies, compliance being one of those, they’re really good at that.”The Wall Street Journal reported Google’s plan earlier Wednesday.For Google, the trove of data associated with checking accounts and financial products is another step in its push to collect information on all aspects of consumers’ lives. The firm has a wealth of information on consumers’ search behavior from its flagship site as well as partnerships with the largest U.S. health-care systems to analyze consumers’ health data. The move comes at a time when Google and other large tech companies are under increased scrutiny in D.C. with antitrust probes around competition law.“This is probably more about Google Pay and how they plan to position that going forward to access all financial products, not just credit cards,” VanDiver said.One of the people said Google partnered with Citigroup in part because the lender has spent the last year building out its digital banking arm, an effort that’s helped the bank gather more than $4 billion in deposits this year.“This agreement has the potential to expand the reach and breadth of our customer base while complementing our continued investments in digital,” Citigroup said in a statement. The partnership is a bit of a shift for Citigroup, which has been relying on marketing its digital bank accounts to existing customers in the firm’s sprawling cards business. The New York-based company said earlier this month it would offer special perks for checking accounts to customers of its co-brand credit card with American Airlines Group Inc.“This year we’ve increased the deposits we’ve raised digitally more than fourfold,” Anand Selva, who leads Citigroup’s consumer bank in the U.S., said at an investor conference this month. “As we continue to test and learn and enhance our digital capabilities and experiences, the digital deposit momentum has accelerated through the year.”For the finance industry, the worry is that tech giants could one day replicate the success of Alipay and WeChat Pay in China, where money flows through digital systems without the need for banks.To fight off the threat, banks are striking deals to keep a firm hold on their customers. Apple Inc. paired with Goldman Sachs Group Inc. this year to offer a credit card that extended $10 billion in credit lines as of Sept. 30. Uber Technologies Inc. announced last month that it would offer a bank account to drivers on its platform through a partnership with Green Dot Corp.(Updates with comments from Google, Citi starting in the third paragraph.)\--With assistance from Julie Verhage.To contact the reporter on this story: Jenny Surane in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Michael J. Moore at email@example.com, Steve Dickson, James HertlingFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
San Jose International's September passenger report is the first to reveal the impact of losing three international airlines in a four-month period in fiscal year 2018-19
Boeing may be eyeing deliveries of its long delayed 737 MAX aircraft year end, but, Air Lease Corp CEO John Plueger says it will take 24 months for all those jets to be absorbed into the global fleet.
In October, Boeing delivered 20 commercial airplanes, including three 767s, three 777s, one 747, 12 Dreamliners and one 737 Next Generation jet.