Jetiquette | The Sky Steward

American Airlines’ parent company, which filed for bankruptcy protection last month, says its stock will be dropped from the New York Stock Exchange.

The shares will stop trading on the NYSE before the opening bell next Thursday. The delisting includes AMR common stock and some company-issued notes.

AMR Corp. said that the NYSE notified the Fort Worth, Texas, company of the move after the average closing price of AMR shares fell below $US1 ($A0.98) for 30 straight trading days.

The shares closed at [...]

Passengers might be paying more in airline fees and have fewer flights to choose from, but at least they’re more likely to arrive on time.

In the past year, airlines steadily have become more punctual — 85.5 percent of flights arrived within 15 minutes of schedule in October, according to the U.S. Department of Transportation’s most recent records. That’s up from 83.8 percent in October 2010.

“We’ve never really been delayed unless it’s been in extreme weather, and the airlines [...]

American Airlines’ parent company, which filed for bankruptcy protection last month, says its stock will be dropped from the New York Stock Exchange.

The shares will stop trading on the NYSE before the opening bell next Thursday. The delisting includes AMR common stock and some company-issued notes.

AMR Corp. said that the NYSE notified the Fort Worth, Texas, company of the move after the average closing price of AMR shares fell below $1 for 30 straight [...]

In trading on Friday, airlines shares were relative laggards, down on the day by about 1.3%. Helping drag down the group were shares of AMR (AMR), off about 33.2% and shares of JetBlue (JBLU) off about 1% on the day.

Also lagging the market Friday are cigarettes tobacco shares, down on the day by about 0.9% as a group, led down by Alliance One International (AOI), trading lower by about 4.6% and Star Scientific (CIGX), trading lower by about [...]

By Christopher Hinton, MarketWatch

WASHINGTON (MarketWatch) — Airline stocks on ended a rough year deep in the red on Friday as sputtering demand and soaring fuel prices squeezed the industry’s profits, and 2012 is expected to be just as challenging.

“It’s going to be another tough year for airlines,” said Vicki Bryan, bond analyst with Gimme Credit. “We had a rebound in fare pricing earlier this year, but we started to lose that as demand faded. That’s going [...]

ADEN (Reuters) – Thousands of Yemenis began a 50 km (31 mile) march on Saturday to demand an end to a conflict which has forced nearly 100,000 people to flee southern Yemen, residents said, a day after seven militants were killed in fighting there with the army. Up to 20,000 activists set out from the port city of Aden …

After many ups and downs, stocks end flat for 2011AP

The stock market ended a tumultuous year right where it started.In the final tally, despite big climbs and falls, …

I’m sitting in O’Hare airport waiting for my second delayed flight on this itinerary. Once again I’m struck by the asymmetry of the rules airlines apply to their passengers and themselves.  If I showed up an hour late for my flight, I might be able to rebook on another one, but United would charge me $150 for the change. But the airline can be as late as it likes or cancel the flight altogether and face no penalty.

It would make [...]

BRUSSELS (AFP) – Airlines will have to buy pollution permits to fly in Europe from January 1 under a disputed EU system to fight climate change, but slumping carbon market prices could make the bill less painful.

The cap-and-trade scheme, which has angered the US and Chinese governments and airlines worldwide, comes into force on Sunday after the European Union’s highest court rejected a challenge brought by US carriers this month.

The Airlines for America association grudgingly indicated that its members would [...]

BRUSSELS (AFP) – Airlines will have to buy pollution permits to fly in Europe from January 1 under a disputed EU system to fight climate change, but slumping carbon market prices could make the bill less painful.

The cap-and-trade scheme, which has angered the US and Chinese governments and airlines worldwide, comes into force on Sunday after the European Union’s highest court rejected a challenge brought by US carriers this month.

The Airlines for America association grudgingly indicated that its members would [...]

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CHICAGO , Dec. 29, 2011 /PRNewswire/ – United Airlines, a wholly owned subsidiary of United Continental Holdings, Inc. (NYSE: UAL – News), today announced that mechanics represented by the International Brotherhood of Teamsters (IBT) ratified a new labor agreement with the company.

“This is another important step which benefits our co-workers and contributes to the future success of United,” said Jim Keenan , senior vice president of Technical Operations for United. “We now turn [...]

(Reuters) – Verizon Wireless, which this month angered customers with three separate data service problems, said on Thursday it will add a $2 fee for one-time telephone and online bill payments. The planned change, to take effect on January 15, was greeted by a storm of criticism. Consumer blog Engadget said charging customers …

Low Volume Rally on Wall Street Sets Tone for 2012Reuters

Stocks rose on Thursday, resuming their upward move into year-end, as positive data on the U.S. economy offset …

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— Frugal Travelers

DEAR TRAVELERS: While senior airfare discounts are not nearly as common as they used to be, there are a handful of carriers that still offer them. Here’s a rundown of the different airlines that are currently offering senior airfares, along with some tips to help you find the best deals.

Senior-Friendly Skies

The only U.S. airlines that are currently offering senior airfare discounts are:

Southwest, which has discounts on all domestic routes to passengers 65 and older. For details on fares [...]

Airlines will have to buy pollution permits to fly in Europe from January 1 under a disputed EU system to fight climate change, but slumping carbon market prices could make the bill less painful.

The cap-and-trade scheme, which has angered the US and Chinese governments and airlines worldwide, comes into force on Sunday after the European Union‘s highest court rejected a challenge brought by US carriers this month.

The Airlines for America association grudgingly indicated that its members would abide by the [...]

Air Canada and Porter Airlines are back with their competing promo code offers. Take 50% off your next Porter flight for travel through April 30, 2012 by entering promo code BOX50 in the promo code box when booking at flyporter.com. Promo code expires Jan. 6, 2012.

Sample fares include:

Toronto-City to Burlington $189 round-trip

Boston to Toronto-City $129 round-trip

Toronto-City to Chicago-Midway $129 round-trip

Windsor to Toronto-City $99 round-trip

Thunder Bay to Toronto-City $139 round-trip

And from Air Canada, save 50% off select routes within Canada using [...]

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SECTORS

The Airlines sector rose 0.4 points or 0.01% to 5,525.0.

Access Currency Dashboard graphics on Constituents,Sector Standout,Investor Returns,Price Volume Dynamics,Research Report,Sector Sorting

http://www.buysellsignals.net/BuySellSignals/report/Globalstocks/Sector/Daily/Html/deskboard/SEC5.html

Access current Sector Research on http://www.buysellsignals.net/BuySellSignals/report/Globalstocks/Sector/PDF/Daily/Globalstocks_sectorpdf_SEC5.pdf’ target=’_blank

PRICE VOLUME DYNAMICS

Volatility: the Sector traded between an intraday low of 5,428.2 and a high of 5,562.6. Intraday volatility (highest price minus lowest price/lowest price) of 2.5% was 0.8 times average daily volatility of 2.9%.

Moving Average (MA): the Sector value to 200-day moving average ratio is 0.86, a bearish indicator.

In the past 200 [...]

As we look to 2012, a key business issue for Miami-Dade County will be the status of American Airlines and what the courts will rule regarding its bankruptcy filing. It is our belief the once-largest airline in the United States likely will emerge stronger than ever, and that will be good for Miami-Dade County.

American is the last of the legacy carriers to file for Chapter 11 reorganization. Continental Airlines filed in 1983 and [...]

Advertisements that make airfares seem enticingly low will soon lose that asterisk pointing to a dense paragraph of additional taxes and fees that make a cheap ticket much more costly.

Beginning Jan. 24, the Transportation Department will enforce a rule requiring that any advertised price for air travel include all government taxes and fees. For the last 25 years, the department has allowed airlines and travel agencies to list these government-imposed fees separately, resulting in a paragraph of fine print disclaimers [...]

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Consider the new realities of air travel. Competition is decreasing, fares are rising and airlines are adjusting routes (and charging extra fees) in ruthless calculations to extract the greatest possible revenue per mile flown.

Michael Boyd, the president of the consulting company Boyd Group International, sums up the phenomenon succinctly. “The cost of flying airplanes across the sky has eclipsed the ability to support it at many communities,” he said in a recent [...]