- Seattle socialist: Minimum-wage discussion skewed by ‘right-wing’ GAO analysis
- U.N. warns of Muslim ‘cleansing’ in Central African Republic
- Senate blocks change to military sex assault cases
- Drug mix may have cured child born with HIV, doctors say
- De Blasio’s wife irks former mansion chef with ‘servant’ remark
- Russia’s neighbors shiver amid Putin’s Cold War moves in Ukraine
- New SAT: The essay portion is to become optional
- Military group can’t march to honor the fallen at Boston Marathon due to security changes
- Senate passes bills deleting ‘retarded’ from laws
- China announces biggest military hike in 3 years: We are not ‘boy scouts with spears’
American Airlines expects to add Charlotte flights
American executives have said the combined airline’s daily flights at Charlotte Douglas International Airport could increase from about 650 to 700, The Charlotte Observer reports (http://bit.ly/1b7XM4V). Charlotte is the combined airline’s second-busiest hub after Dallas/Fort Worth.
The airline is examining whether it’s feasible to add new flights from Charlotte to small and midsize cities in the Midwest. Executives said they plan to take until at least late 2015 to review the company’s route structure.
“For you in Charlotte, there’s not a lot you should expect in terms of changes other than I know we’re looking at some cities American serves but US Airways did not,” American President Scott Kirby said in a conference call with industry analysts Tuesday. “We have a lot of work ahead.”
Fort Worth, Texas-based American on Tuesday reported combined quarterly revenue of $9.98 billion, which beat analysts’ forecast by about $90 million. Excluding restructuring costs related to its bankruptcy reorganization and last month’s merger with US Airways, American said it would have earned $436 million, or 59 cents per share, in the fourth quarter. That also beat analysts’ forecast by 4 cents per share, according to a FactSet survey.
American lost $2 billion in the quarter including the restructuring charges and other one-time items.
The airlines will keep their own names and continue to fly separately until they receive a single operating certificate from the federal government, which is expect in late 2015.
Customers should expect tighter confines aboard planes and new fees in coming months.
American is seeking more “ancillary revenue,” Chief Financial Officer Derek Kerr said. Ancillary revenue refers to charges such as baggage fees and upgrades to roomier economy seats. Airline executives also expect to add more seats inside planes, increasing capacity by as much as 17 percent on some jets, by installing seats which take up less space front to back.
Information from: The Charlotte Observer, http://www.charlotteobserver.com
TWT Video Picks
By Tammy Bruce
- Back to the Future: HUVr Tech marketing video goes viral with hoverboard release tease
- Aronofsky's 'Noah' banned in Qatar, Bahrain, United Arab Emirates
- Unemployment insurance vote could happen next week
- Russian lawmaker wants to outlaw U.S. dollar, calls it a Ponzi scheme
- Putin has transformed Russian army into a lean, mean fighting machine
- Russias Putin nominated for Nobel Peace Prize
- WEBER: Obamacare cuts home healthcare for millions of seniors
- Two liberals say Sarah Palin is right: Obama lacks substance
- MSNBC's Rachel Maddow: Bush to blame for Ukraine
- 1M kids stop school lunch due to Michelle Obamas food standards
Pope Francis meets his 'mini-me'
Celebrity deaths in 2014
Winter storm hits states — again