Tag Archives: American Airlines Group Inc (AAL)

American Airlines Group Inc (AAL) Reinforces Integration as the World’s Largest Airliner Gets Pilots’ Approval for Pay Raise Contract

American Airlines Group Inc (AAL) Reinforces Integration as the World’s Largest Airliner Gets Pilots’ Approval for Pay Raise Contract

It was an excellent week for the World’s largest airliner by passenger traffic, American Airlines Group Inc (NASDAQ:AAL), as its pilots approved new wage contract for the next five years. The Allied Pilots Association conducted election for the new contract with over 66 percent pilots supporting the new wage structure. American Airlines has hit a

American Airlines Group Inc (AAL) to Raise Pilots’ Pay Starting at 23% After Union Ratifies Contract

American Airlines Group Inc (NASDAQ:AAL) is set to raise the pay rate of its pilots by an initial 23 percent, with additional 3 percent annual raises  accruing each year covering a five year term contract. Union leaders, representing the Allied Pilots Association, have accepted the five year agreement with American Airlines, and union members will

Wal-Mart Stores, Inc. (NYSE:WMT) Ready For Management Shuffling, Adds American Airlines Group Inc (NASDAQ:AAL)’s Former CEO To Its Board

Wal-Mart Stores, Inc. (NYSE:WMT) is up for some management changes as its chief merchandising officer is likely to leave the office and at the same time the retailer has added the previous CEO of American Airlines Group Inc (NASDAQ:AAL) to its board. The chief merchandising officer of Wal-Mart, Duncan Mac Naughton, is planning to leave

American Airlines Group Inc (AAL) Looking For Major Layoffs As The Airline Shifts 50 Aircrafts To Regional Carriers

Envoy Air, subsidiary of American Airlines Group Inc (NASDAQ:AAL), is ready with a plan to transfer up to 50 aircrafts to different regional carriers starting in 2015. As a matter of fact this aircraft transfer program is likely to lead to some major job cuts. One of the primary reasons behind this strategic step is

American Airlines Group Inc (AAL), Depomed Inc (DEPO), General Motors Company (GM): Top 3 Holdings of Deltec Asset Management LLC

Deltec Asset Management LLC is an investment firm based in New York City and fully registered with the Securities and Exchange Commission. The company manages commingled funds and separate accounts for individuals, families, funds, trusts, and institutions. Currently, the company manages approximately $900 million in assets. According to the firm’s SEC 13F Filings submitted on

American Airlines Group Inc (AAL) Flight Stewards Shun Tentative Contract by 16 Votes

American Airlines Group Inc (NASDAQ:AAL) flight attendants dropped on Sunday by a narrow margin of 16 votes a proposed joint labor contract that would have covered a combined workforce of US-based stewards absorbed in the merger of American Airlines with the former US Airways Group Inc (NYSE:LCC). About 16,000 stewards cast their votes, with ballot

American Airlines Group Inc (AAL) to save $1 million as it Replaces Paper Manuals with Samsung Tablets

American Airlines Group Inc (NASDAQ:AAL) has won a regulatory prohibition that prevented them from introducing tablets to replace paper manuals that are normally used in-flight. It’s believed that the introduction of the gadgets will save the airlines $1 million every financial year. Many American airlines have pursued paperless attendance to passengers in a bid to

American Airlines Group Inc (AAL), General Motors Company (GM), Citigroup Inc (C): Appaloosa Management’s Top Holdings

Appaloosa management LP, headed by billionaire David Tepper, filed its 13F SEC filings on August 14, 2014 and the fund 13F file portfolio valued at $7,149 million at the end of the second quarter 2014. During second quarter, Tepper increased his stakes in Facebook Inc (NASDAQ:FB) and nearly doubled his General Motors Company (NYSE:GM) holdings.