Join The Discussion

 

UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

read more >

Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

read more >

Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

read more >

Great Women of Texas honored

The Fort Worth Business Press held the Great Women of Texas event Wednesday night at the Omni Fort Worth Hotel. Stacie McDavid of McDavid Investments was honored as the

read more >

Grocers, retailers flocking to Southlake

With its economic development engine revving at full throttle, Southlake is about to welcome several major retail and commercial projects that underscore its image

read more >

American dropped 14,000 Feb. flights due to storms

 

FORT WORTH, Texas (AP) – American Airlines and US Airways canceled more than 14,000 flights last month – more than double the rate from a year earlier – as winter storms disrupted air travel.

American Airlines Group Inc. said Monday that the cancellations hurt first-quarter profit, but didn't give a figure. The company said it expects to provide more details in early April.

American Airlines Group Inc. is the holding company established as a result of the merger of American Airlines and US Airways.

Despite the storms, the company said, a key figure of revenue for every seat flown one mile rose between 2 percent and 4 percent in the first quarter. That statistic rises when an airline fills more seats or raises average fares.

American and US Airways canceled about 28,000 flights in the first two months of the year, up 164 percent from the same period in 2013 as storms hit hubs in Dallas, Chicago and elsewhere.

Despite the cancellations, traffic rose 0.5 percent, as passengers flew 15.08 billion miles last month, up from 15.01 billion in February 2013, the airline said.

American and US Airways boosted capacity by 0.8 percent, so the average flight was a bit less crowded; 78.4 percent full, down from 78.7 percent a year earlier. All of the capacity increase was on international flying.

American also said Monday it is ending its agreement with JetBlue Airways Corp. that allowed travelers on each airline to add connections to their itinerary on the other's aircraft.

The termination of the interline sales agreement is effective March 10.

The companies also announced that they are ending a reciprocal frequent flyer program accrual agreement. Beginning April 1, travelers will no longer earn miles or points when traveling on eligible routes run by the other airline.

American AAdvantage miles or JetBlue TrueBlue points already accrued through the partnership will be credited to customers' accounts and are not affected, American said in a news release on its corporate website.

 

 

< back

Email   email
hide
Midterms
What was the message of the midterm elections?