American Airlines (AAL) Tops Q4 EPS by 3c, Beats on Revenues

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Go back to American Airlines (AAL) Tops Q4 EPS by 3c, Beats on Revenues

American, Delta Air to revive deal to fly stranded passengers

January 24, 2018 6:42 PM EST

By Alana Wise

NEW YORK (Reuters) - American Airlines (NASDAQ: AAL) and Delta Airlines (NYSE: DAL) said on Wednesday they entered into an agreement to accommodate stranded passengers during events such as winter storms and hurricanes, in a partial revival of an earlier interline deal... More

Starbucks to boost pay, benefits after U.S. lowers corporate taxes

January 24, 2018 6:08 AM EST

((This story corrects last paragraph to show median pay for hourly associate managers in January 24 story.))

By Lisa Baertlein

LOS ANGELES (Reuters) - Starbucks Corp (NASDAQ: SBUX) will use some of the savings from the new U.S. corporate tax cuts to give domestic employees pay raises, company stock and expanded benefits with a combined worth of more than $250 million, the company said on Wednesday.

With the announcement, the world's biggest coffee chain joins companies like Walmart (NYSE: WMT), Apple Inc , Comcast Corp (NASDAQ:... More

United Air shares tumble as it vows to match low fares, expand capacity

January 23, 2018 4:28 PM EST

By Alana Wise

NEW YORK (Reuters) - United Continental Holdings Inc (NYSE: UAL) shares fell more than 6 percent in after-hours trading on Tuesday as the airline said it plans to increase capacity, likely threatening its profit margin as it is locked in a price war with low-cost carriers.

"The best way to compete with low-cost carriers is to match their prices," one of its executives said on an earnings call with analysts and investors. "We can't let low-cost carriers... More