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...Launched in December 2017, Climate Action 100+ challenges airlines, oil majors and other polluting companies to reduce their carbon footprint....
...The $16bn they identified highlights the scale of the group’s operations in the country as Congress seeks to force a sale of the platform to an American buyer....
...Delta Air Lines, United Airlines and American Airlines collectively spent $2.2bn on maintenance in the third quarter, a 45 per cent increase on the same period in 2019, according to a recent note by Sheila...
...The group estimated the rule would cost airlines $33bn over 10 years....
...Boeing needs to get their act together,” American Airlines chief executive Robert Isom told analysts on Thursday. Boeing’s issues over the past number of years were “unacceptable”, he added....
...They successfully sued to unwind the American and JetBlue alliance in the north-east, and are trying to block JetBlue’s proposed takeover of Spirit....
...The second chart shows the share price of Hawaiian Holdings — the parent of Hawaiian Airlines....
...The airline had initially signed up to a stock merger with Frontier Group, a similar deep discounter like Spirit....
...The decision could make it harder to reshape the industry — particularly for lower-cost carriers — which has consolidated rapidly over the past two decades, leaving it dominated by the four big carriers: American...
...More recently, it has been dominated by production problems that have affected Boeing’s deliveries to airline customers....
...Alaska Airlines has cancelled 22 per cent....
...Airline shareholders like soft landings as much as airline passengers do. American Airlines’ investors are out of luck....
...Hours later, the chief executive of Alaska Airlines revealed that his airline had found “some loose bolts on many” Max 9s during inspections of the planes....
...US federal regulators have temporarily grounded some Boeing 737 Max planes in American airspace after a section of an Alaska Airlines jet blew out in mid-air....
...American companies so that they can pay for their coke....
...The aerospace group said in a statement on Saturday that it supported the temporary grounding. “Safety is our top priority,” Boeing said....
...The group is also expanding the international reach of its low-cost carrier Anadolu Jet....
...American Airlines has slashed its third-quarter profit forecast due to fuel prices that have “increased considerably” since July and retroactive payments to pilots....
...Dennis Tajer, of the pilots’ union for American Airlines, calls Boeing a “national symbol” that should be held to a high standard....
...Franco-Dutch airline group....
...Share moves to note on major US indices include American Airlines, Northrop Grumman, and United Healthcare: American Airlines shares jumped 10.6 per cent after it forecasted 2024 profits above Wall Street...
...United Airlines and Alaska Airlines on Monday found bolts in the plugged doors of some of their Max 9s that needed tightening....
...“They may have changed the way they’re doing things, but it ain’t working,” said Captain Dennis Tajer, spokesperson for the pilots union for American Airlines....
...Shares of American Airlines, United Airlines, and Alaska Airlines all fell 8.6, 9.7, and 5.5 per cent, respectively....
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