USA320Pilot
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US Airways Analyst Conference Call: October 27, 2011
Daniel McKenzie - Rodman & Renshaw, LLC, Research Division
Okay, that's helpful. And then as a follow-up here, Scott, AMR is seeking from its pilots the flexibility to add more domestic codeshare relationships. So I guess, my question is, does your involvement in the Star Alliance permit either a partial or a full codeshare with AMR domestically?
J. Scott Kirby
I believe we have some carve-outs, but we couldn't do a meaningful codeshare or a large codeshare with American given our commitments both in the Star Alliance and our labor agreements.
Click here to read the transcript.
AMR Tumbles After Pilot Contract Proposal: November 15, 2011
American Airlines parent AMR Corp. (AMR) tumbled the most in six weeks in New York trading after trying to end a five-year stalemate with a contract proposal that offers pilots smaller pay increases than they had sought. “The time has come to close this chapter and move forward,” American said.
American also wants to expand a so-called code-share agreement with Alaska Airlines to fill gaps in its U.S. West Coast network. It would start similar relationships with US Airways Group Inc. (LCC) on a Boston-New York-Washington shuttle where flight limits prevent American from adding its own service, and with JetBlue Airways Corp. (JBLU) in New York, so the carriers would be able to book American passengers on those flights.
Click here to read the story.
At 12:12 EST on November 15 AMR's stock was trading at $1.92 per share and the company's market cap was about $644 million.
Daniel McKenzie - Rodman & Renshaw, LLC, Research Division
Okay, that's helpful. And then as a follow-up here, Scott, AMR is seeking from its pilots the flexibility to add more domestic codeshare relationships. So I guess, my question is, does your involvement in the Star Alliance permit either a partial or a full codeshare with AMR domestically?
J. Scott Kirby
I believe we have some carve-outs, but we couldn't do a meaningful codeshare or a large codeshare with American given our commitments both in the Star Alliance and our labor agreements.
Click here to read the transcript.
AMR Tumbles After Pilot Contract Proposal: November 15, 2011
American Airlines parent AMR Corp. (AMR) tumbled the most in six weeks in New York trading after trying to end a five-year stalemate with a contract proposal that offers pilots smaller pay increases than they had sought. “The time has come to close this chapter and move forward,” American said.
American also wants to expand a so-called code-share agreement with Alaska Airlines to fill gaps in its U.S. West Coast network. It would start similar relationships with US Airways Group Inc. (LCC) on a Boston-New York-Washington shuttle where flight limits prevent American from adding its own service, and with JetBlue Airways Corp. (JBLU) in New York, so the carriers would be able to book American passengers on those flights.
Click here to read the story.
At 12:12 EST on November 15 AMR's stock was trading at $1.92 per share and the company's market cap was about $644 million.