News
Delta cleared to buy 4.17% stake in Aeromexico
atwonline.com
[ATWOnline] - By Aaron Karp | June 5, Aeromexico (AM) said Monday that Delta Air Lines' (DL) $65 million investment in the Mexico City-based airline, first revealed last year, has been authorized by relevant government officials, enabling DL to take a 4.17%
EADS swings to €133 million 1Q profit
atwonline.com
[ATWOnline] - By Aaron Karp | May 17, Airbus parent EADS reported first-quarter net income of €133 million ($ million), turned around from a €12 million net loss in the March quarter, on a 16% rise in revenue to €11.4 billion.
Smaller American work groups ratify new labor contracts
atwonline.com
[ATWOnline] - By Aaron Karp | May 16, While most of American Airlines' (AA) workers are pledged to supporting a merger with US Airways (ATW Daily News, March 23), a number of the company's smaller workgroups have ratified new collective bargaining agreements.
American agrees with unsecured creditors to consider a merger
atwonline.com
[ATWOnline] - By Aaron Karp | May 15, American Airlines (AA), which is operating under Chapter 11 bankruptcy protection, has slightly softened its anti-merger stance in order to reach a joint protocol agreement with its official committee of unsecured creditors
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