Trends - American Airlines - Business Recorder

American Airlines

Global cyber outage grounds flights, disrupts businesses

A worldwide tech outage crippled industries from travel to finance on Friday before services started coming back...

Updated 19 Jul, 2024 10:24pm

Business & Finance

Embraer bags fresh Binter, American Airlines orders

PARIS: Brazilian planemaker Embraer on Tuesday notched fresh orders from American Airlines and Spanish carrier ...

Published 26 Jun, 2023 06:38am

Business & Finance

American Airlines forecasts strong profit for December quarter

American Airlines Group Inc expects to report a profit in the December quarter above Wall Street estimates, the...

Published 20 Oct, 2022 05:31pm

Business & Finance

American Airlines eyes Q2 profit after latest loss

NEW YORK: American Airlines reported another quarterly loss Thursday, but said a recent sharp improvement in ...

Published 25 Apr, 2022 07:23am

Business & Finance

US airlines see strong travel recovery after Omicron

NEW YORK: Major US carriers lifted their revenue forecasts Tuesday as a faster-than-expected travel recovery from...

Published 15 Mar, 2022 08:28pm

Business & Finance

Travel groups call to stop pre-flight Covid tests for vaccinated passengers

SAN FRANCISCO: An international coalition of travel-related organizations called on the US government Wednesday to...

Published 03 Feb, 2022 11:19am

Business & Finance

American Airlines CEO to step down in March

NEW YORK: Veteran American Airlines Chief Executive Doug Parker plans to step down in March and will be succeeded by...

Published 13 Dec, 2021 06:45am

Business & Finance

American Airlines taps president Isom as next CEO

NEW YORK: American Airlines Group Inc CEO Doug Parker will hand over the reins of the No. 1 US airline to president...

Published 08 Dec, 2021 06:22am

Business & Finance

American Airlines CEO to step down in March

NEW YORK: Veteran American Airlines Chief Executive Doug Parker plans to step down in March and will be succeeded by...

Published 07 Dec, 2021 09:23pm

Business & Finance

American Airlines cancels 100s of flights due to staff shortage

WASHINGTON: American Airlines has had to cancel hundreds of flights this weekend due to staffing shortages triggered...

Published 31 Oct, 2021 10:44am

Business & Finance

American Airlines bullish on holidays after Delta variant hit

NEW YORK: American Airlines said Thursday that the latest surge in Covid-19 hit profitability in the latest quarter,...

Updated 21 Oct, 2021 06:24pm

Business & Finance

US sues to block American Airlines-JetBlue alliance

Attorneys general in six states and the District of Columbia joined the lawsuit over the Northeast Alliance

Published 22 Sep, 2021 10:43am

Business & Finance

As America reopens, airlines hunger to reclaim transatlantic cash

CHICAGO/LONDON: America's reopening to international air travelers can't come soon enough for US and European...

Published 22 Sep, 2021 03:48am

Business & Finance

US airlines warn of drag from latest Covid-19 wave

NEW YORK: Several leading US airlines on Thursday cut their forecasts for the third quarter, citing lower bookings...

Published 13 Sep, 2021 05:46am

Technology

Millions of Microsoft-stored data records mistakenly exposed

The data, including names, addresses, financial information and Covid-19 vaccination statuses

Published 24 Aug, 2021 01:35pm

World

US orders American airlines to aid Afghan evacuation

WASHINGTON: The United States on Sunday enlisted several major American airlines in its chaotic evacuation of tens ...

Published 22 Aug, 2021 07:17pm

Business & Finance

American Airlines to cut 1% of July flights as travel rebound strains operations

The company said some of its vendors were also struggling with labor shortages, impacting the airline's operations.

Published 21 Jun, 2021 10:47am

Major banks, airlines hit in global online outage

SYDNEY: Major banks and airlines were among businesses hit by a fresh global online outage Thursday, with the ...

Published 18 Jun, 2021 04:16am

World

Major airlines suspend flights to Israel as conflict with Palestine intensifies

Major European and American airlines have temporarily suspended flights to Israel due to escalating tensions with Palestine.
The decision is more of a precautionary measure due to increasing retaliatory rocket attacks from Hamas.

Updated 14 May, 2021 01:57pm

Business & Finance

American Airlines reports Q1 loss, optimistic on vaccines

American reported a loss of $1.3 billion in the first quarter, compared with a shortfall of $2.2 billion in the year-ago period.

Published 22 Apr, 2021 07:16pm

Opinion

US voting law debates stoke tussle over airline tax breaks

Airlines are bracing for challenges to tax breaks they receive from US states as a result of wading in to a ...

Published 10 Apr, 2021 04:35am

Business & Finance

American Airlines readies more jets to meet rising demand

American said that as of March 26, average bookings for the next seven days had reached 90% of levels experienced before the pandemic upended air travel in 2019, with a domestic load factor of about 80%.
"The Company presently expects this strength in bookings to continue through the end of the first quarter and into the second quarter," it said in a regulatory filing.

Published 29 Mar, 2021 09:16pm

Business & Finance

Airbus looks to A321 XLR to exit virus crisis

PARIS: The Covid-19 pandemic has hit aircraft manufacturers hard but Airbus is already looking towards a new plane ...

Updated 22 Feb, 2021 09:57am

World

White House meets with airline CEOs on COVID-19 travel issues

We had a very positive, constructive conversation focused on our shared commitment to science-based policies as we work together to end the pandemic.
Restore air travel and lead our nation toward recovery.

Published 12 Feb, 2021 09:20pm

Business & Finance

American Airlines CEO tells employees to brace for furlough warnings

"I hate that we're in that position but we are and we can't ignore it so we have to start figuring out what to do about it," he said.

Published 02 Feb, 2021 11:34am

Business & Finance

American Airlines regional carrier cancels flights after maintenance issue

"PSA Airlines removed a number of its Bombardier regional jets from service after discovering a maintenance item that required immediate attention," the FAA said in a statement.

Published 29 Jan, 2021 12:22pm

Business & Finance

American Airlines posts record annual loss on pandemic pain

The company posted a net loss of $2.18 billion, or $3.81 per share, for the fourth quarter ended Dec. 31, compared with a profit of $414 million, or 95 cents per share, a year earlier.
As we look to the year ahead, 2021 will be a year of recovery.

Published 28 Jan, 2021 09:13pm

Business & Finance

American Airlines reports $8.9bn 2020 loss on pandemic hit

Shares of American jumped 15.3 percent to $19.10 in pre-market trading.

Published 28 Jan, 2021 07:45pm

World

American Airlines tells pilots: take vaccine on your own time

Your decision to take the vaccines is a personal decision and is currently not required by the Company.
The Federal Aviation Administration has said pilots and controllers must not fly or conduct safety-related duties for 48 hours after receiving a COVID-19 vaccine.

Published 14 Jan, 2021 09:10pm

Business & Finance

United, Delta join American Airlines in scrapping change fees on international tickets

Chicago-based United said it has scrapped change fees for international bookings through the year end and plans to further extend the policy.
Major US airlines began implementing temporary change fee waivers this year to tide over the uncertainty surrounding the COVID-19 pandemic.

Published 10 Dec, 2020 12:36am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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