American Air, British Air willing to delay alliance to win support
Article Abstract:
American Airlines and British Airways will put off implementing their joint venture until competitors gain enough takeoff and landing slots for 14 round trips a day between the U.S. and Britain, the same number of flights American and British Air have. The alliance has suffered regulatory stasis for two years, but the European Union is expected to offer its conditions for approval July 8. By offering to phase-in the partnership, David Schwarte, American Airline's managing director of international planning, said the carriers will accommodate competitors who have been fighting the alliance.
Comment:
American Airlines Inc. and British Airways willing to delay alliance to win support
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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AMR plans to auction three of its units to focus on American Airlines business
Article Abstract:
AMR Corp plans to auction AMR Services, AMR Combs, and TeleService Resources in an effort to sharpen its focus on American Airlines, according to CEO Donald J. Carty. The three units to be sold reported $451 million in revenue for 1997, and about $40 million in operating earnings. Carty feels American is now capable of surviving an economic downturn without support from diverse companies. AMR will keep its 82% of the computer-reservations firm Sabre Group, because of its potential to attract such strategic alliance partners as US Airways Group.
Comment:
Will sell AMR Services, AMR Combs, and TeleService Resources to focus on American Airlines
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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American Air raises leisure fares 4% except in hubs served by Northwest
Article Abstract:
AMR Corp's American Airlines raised leisure fares 4% in every domestic market except those in hubs served by Northwest Airlines. Airlines have attempted five leisure fare increases since April, but Northwest has not gone along with increases because of facing a possible pilots' strike. Other carriers will probably follow American's lead. American has decided to charge higher prices than Northwest in overlapping markets, because potential customers are expected to avoid Northwest with the potential strike looming.
Comment:
Raised leisure fares 4% in every domestic market except those in hubs served by Northwest
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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