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...Five US carriers have raised bag fees by $5 in the past two months, starting with Alaska Airlines and JetBlue Airways in January and February, then American Airlines, United Airlines and Delta in a two-week...
...Chief among them: the airline’s long-standing credit card deal with American Express....
...The carrier also laid out long-term financial targets, forecasting it would reach an adjusted profit margin between 15 per cent and 18 per cent, $3bn in free cash flow and less than $35bn in debt by 2026...
...Shares of American were up more than 4.5 per cent in pre-market trading....
...American Airlines’ investors are out of luck. On Wednesday, it became the latest US carrier to admit that high fuel and labour costs would affect profits more than expected....
...American chief financial officer Devon May on Thursday told analysts the carrier expected 20 Max 8 deliveries this year. In October, the airline had pencilled in 25 Max family deliveries for 2024....
...American Airlines, United Airlines, Delta Air Lines and Southwest Airlines, which together control about 80 per cent of the market....
Approach for Aloha state carrier seems timed to gain from a rally in the currency but there are factors working against that too
...Robert Gordon’s The Rise and Fall of American Growth, which argued that the age of disruptive technology was over, came out around the same time....
...The problems across the dollar store sector are a reminder that lower income Americans are suffering disproportionately post-pandemic. pan.yuk@ft.com...
...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 forces launched a second raid on Saturday....
...The ecommerce giant spent $83.5bn on shipping in 2022 and wants to have less dependence on third party carriers....
...As for JetBlue, it has been searching for a way to keep up with the big four US carriers — American, United, Delta and Southwest — who through their own dealmaking now control 80 per cent of the domestic...
...Referring to a strike from the nearby Red Sea port of Hodeidah, Yahya Sare’e, the Houthis’ spokesperson, said on Monday that the movement’s forces had shot down an “American plane” while it was “carrying...
...Hostmore was created after Electra Private Equity spun off the UK operations of the American-themed restaurant chain on to the London Stock Exchange in 2021....
...The move followed briefings from national security officials who warned that China could gain access to Americans’ personal data held on the app....
...The carrier had also ordered additional maintenance on the light which had not been completed at the time of the incident, said Homendy....
...In the US even major carriers including Northwest and Continental merged out of necessity; Northwest with Delta; Continental took over United; American absorbed TWA and US Airways while Virgin America merged...
...The carrier reported $13.5bn in revenue between July and September. Still, operating expenses rose more than 9 per cent from the same period a year earlier to $13.7bn....
...Tesla is cutting more than 10 per cent of its workforce — at least 14,000 jobs — as a worldwide EV slowdown and brutal price war hit the American automaker....
...A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack, preventing the insurance payments. Thankfully, her operation eventually took place....
...The carrier had also ordered additional maintenance on the light that had not been completed at the time of the incident, said Homendy....
...American Airlines cut its guidance on Wednesday, saying it would earn between 20 and 30 cents per share in the third quarter, rather than 85 to 95 cents....
...The Houthis have launched attacks on ships that they describe as Israeli, British or American....
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