Citigroup Inc had at least one advantage in its successful bid for the exclusive right to issue credit cards for Costco Wholesale Corp, rivals and tax specialists say: it lost so much money during the financial crisis that it has billions of dollars of tax credits.
Tags: American Airlines
American Airlines Pilots Union Issues Urgent Safety Alert Over Maintenance Issues
American Air Pilots issued an urgent safety alert citing a 'significant spike' in maintenance issues. Global airlines face disruptions amid Iran-Israel tensions.
IBM Cloud and American Airlines: Closed Deal
The IBM cloud had won the heart of the American Airlines and already closed its deals with them. American Airlines has selected IBM Cloud to be a service provider as it moves its internal applications to the public cloud.
After American Airlines, Republic Airways Files For Bankruptcy For The First Time Since 2011
Republic Airway has sought immunity under bankruptcy followed by pilot shortages and other industrial odds. American Airlines has filed for bankruptcy in 2011 and now, the US regional carrier follows the trait in seeking clemency. However, Republic CEO expects the move will take the carrier to the new heights.
Ahead Snow Storm in the East Coast, Airlines Offer Refund and Flight Change
As winter storm is heading toward East Coast this Friday, flight disruption is expected. Airlines are offering refund and waiver to customers whose flight schedule is affected by the snow storm.
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Venezuela's deepening economic troubles, and in particular the weakness of the bolivar and restrictive currency controls, have hurt U.S. corporate profits for the fourth quarter of 2014 and are set to inflict further pain this year.
American Airlines and Hawaiian Airlines formally launched bids Monday to wrest control of a key slot in Tokyo's Haneda Airport from Delta Air Lines as part of a fight among the carriers to stake out a greater presence in Asia.
The union representing American Airlines pilots approved the carrier's final contract offer late Saturday, paving the way for a retroactive 23 percent wage hike if its members concur in a vote this month.
Some major U.S. airlines including Delta and Southwest are rushing to finance losing bets on oil and revamp fuel hedges as tumbling crude prices leave them with billions of dollars in losses, according to people familiar with the hedging schemes.
American Airlines Group (AAL.O), United Airlines (UAL.N) and other carriers reported strong third-quarter profits on Thursday, helped by falling fuel costs, and mostly shrugged off concerns that Ebola could affect their outlook.
American Airlines has won regulatory approval to swap flight attendants' paper manuals for lighter Samsung tablets in a change that will save nearly $1 million a year, the company said on Wednesday.
Sony Corp's (6758.T) PlayStation Network was back online on Monday following a cyber attack that took it down over the weekend, which coincided with a bomb scare on a commercial flight carrying a top Sony executive in the United States.
According to a report by the South China Morning Post, the approved merger of American Airlines and US Airways to form the largest airline by revenues in the world is not good news for passengers.
Bankruptcy judge Sean Lane dismissed a private effort to block the merger between US Airways and AMR Corp and gave the clearance to allow the transaction to proceed.
