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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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Alliance's Hillwood Commons lands first tenant

A large title insurance, property valuation and settlement services company is the first tenant at Hillwood Commons I, an office complex at Alliance Town Center.

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American Airlines Group reports bump in revenue passenger miles
A. Lee Graham

Reporter

Total revenue passenger miles are up at American Airlines Group, according to newly released July 2014 and year-to-date traffic results.

The Fort Worth firm reported total revenue passenger miles for July reached 20.8 billion, up 1.1 percent compared to 20.5 percent in he same month last year, according to a news release.

Revenue passenger miles reflect the number of miles traveled by paying passengers.

Total capacity reached 24.4 billion available seat miles, 3.1 percent higher compared to 23.6 billion the same month last year. Total passenger load factor was 85.1 percent for the month of July 2014, 1.7 points lower compared to 86.8 percent the same month last year.

The passenger load factor measures how much of an airline’s passenger space is used.

Based on one month of data and two months of forecast, the company said it expects its third quarter 2014 consolidated passenger revenue per available seat mile to reach about 1.0 percent to 3 percent compared to the same period last year.

American Airlines Group is the holding company for American Airlines and US Airways. With wholly owned and third-party regional carriers operating as American Eagle and US Airways Express, the airlines operate an a daily average of almost 6,700 flights to 339 destinations in 54 countries from its hubs in Charlotte, Chicago, Dallas-Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, D.C.

lgraham@bizpress.net

 

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