NEWS American Airlines Reports Q1 2016 Profit

American Airlines Group Inc. (NASDAQ:AAL) today reported its first quarter 2016 results. The Company’s first quarter highlights include: Reported first quarter 2016 pre-tax profit of $1.2 billion excluding special items, and net profit of $765 million excluding special items First quarter 2016 adjusted earnings per diluted share rose 15 percent vs. the first quarter 2015,…

NEWS Gatwick Airport Announces First Chinese Route

Gatwick is launching the UK’s first ever direct flights to Chongqing – one of the world’s largest urban centres and a major manufacturing and transportation hub in southwest China.  The twice weekly, year round, flights will then continue to China’s fourth largest city, Tianjin, Gatwick announced today. Starting from June 25, Chinese carrier Tianjin Airlines will fly the Airbus A330 on…

NEWS American Airlines Submits Daytime Haneda Proposals

American Airlines today submitted an application to the U.S. Department of Transportation proposing to operate daily, year-round, nonstop service to Tokyo’s Haneda Airport (HND) from Los Angeles International Airport (LAX) and Dallas/Fort Worth International Airport (DFW). American’s application follows the historic signing of a new aviation agreement between the United States and Japan in February…

NEWS United Airlines Reports A Strong Q1

On April 20th, United Airlines reported their Q1 2016 financial results. The airline recorded the following:  Excluding special items, UAL reported first-quarter net income of $435 million, earnings per share of $1.23 per diluted share and pre-tax earnings of $688 million.   Including special items, UAL reported first-quarter net income of $313 million, earnings per share…