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The Latest Breaking News from Robert Isom

American Airlines CEO Robert Isom says carrier ‘is prepared to match Delta pay rates’

American Airlines CEO Robert Isom says the Fort Worth-based carrier “is prepared to match” rival Delta’s new pilot contract by raising pay a cumulative 40% over four years and improving profit sharing.

Tribune News Service

Former American Airlines CEO Doug Parker stepping down as chairman

Former American Airlines CEO Doug Parker, who led the company through the merger that brought together American Airlines and US Airways to form the world’s largest carrier, is stepping down as the company’s chairman at the end of April, the company said Thursday.

Tribune News Service

Higher airfares drive American Airlines to big fourth-quarter profit

Higher airfares and strong demand for travel pushed American Airlines above pre-pandemic profit levels for the recently finished fourth quarter, the company said Thursday.

Tribune News Service

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Delta’s 34% pay raise offer to pilots ups ante for airline negotiations

A tentative contract deal between Delta Air Lines and union pilots sets a new standard in the increasingly expensive battle for the travel industry’s most coveted employees.

Tribune News Service

American Airlines may be closing in on contract with pilots

American Airlines is nearing a contract agreement with pilots after more than two years of negotiations, although most union members have not seen the deal.

Tribune News Service

Airlines Face a Shortage of New Boeing, Airbus Jets

Airlines in need of more pilots and spare parts are increasingly facing another shortage: new jets.

Bangkok Post

American-JetBlue antitrust trial testing limits of industry consolidation

American Airlines CEO Robert Isom told a federal judge Monday that the carrier was hindered in markets like New York and Boston because of the headstart that Delta and others had as blockbuster mergers shrunk the industry over the last two decades.

Tribune News Service

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American Airlines cuts more summer and fall flights to boost reliability

American Airlines is cutting thousands of flights from its schedule for the remainder of summer and fall to “ensure operational reliability” for the rest of the year.

Tribune News Service

American Airlines makes first profit without government aid since pandemic began

Fort Worth-based American Airlines is profitable for the first time in more than two years without government help as fuller planes and higher-ticket prices overcame expensive fuel and labor costs.

Tribune News Service

Airlines' biggest problem has no end in sight

The industry is still getting back on its feet post-pandemic.

Axios

As summer travel season arrives, airfares are sky-high

After being mostly grounded for two years, Americans rushed to book summer flights this year — and are paying very heavy prices for their tickets.

Tribune News Service

Biden to end Covid testing requirement for travel into US

Requirement to test negative, which has been in place since January 2021, criticized by travel industry and some lawmakers

The Guardian - US

American Airlines has parked 100 jets due to pilot shortage

A shortage of pilots from retirements and pandemic cutbacks has forced Fort Worth-based American Airlines to park about 100 of its smaller regional jets, even amid strong summer passenger demand.

Tribune News Service

Airline ticket prices are rising and it’s only going to get harder to find cheap flights

DALLAS — Travel is back, but airline tickets aren’t quite what travelers remember.

Tribune News Service

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The Independent UK

Afraid to fly with unmasked passengers? Call your airline

Some airlines say they will consider refunds or credits for passengers who don't want to fly now that the mask mandate has been dropped

Tribune News Service

American Airlines just doubled the salary of incoming CEO Robert Isom

American Airlines will double the salary of company president Robert Isom when he takes over as CEO on March 31, but his total compensation package will be determined by how the debt-laden company recovers from the COVID-19 pandemic downturn.

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