AT&T’s CEO told Congress Tuesday that his company’s purchase of DIRECTV will help slow increases in programming prices, but won’t lead to a decrease in prices.
American Airlines has negotiated tentative labor contracts covering more than 11,000 mechanics and other employees at US Airways. The deals are subject to an employee vote.
Another name in aviation history will disappear after the final flight of AirTran Airways, which is scheduled for December 28. Dallas-based Southwest Airlines bought AirTran in 2011 and announced plans to combine the fleets under the Southwest brand.
Dallas-based AT&T says it is buying El Segundo, Calif.-based DirecTV for $95 per share, or $49 billion.
Comcast and Time Warner Cable regularly rank at the bottom of the industry when it comes to customer satisfaction, so consumers are naturally worried about their merger.
American Airlines is reporting a $2 billion loss for the fourth quarter because of charges mostly related to its bankruptcy reorganization and merger with US Airways.
American Airlines has announced that it will use travel-technology company Sabre to develop a single reservations system under the carrier’s merger with US Airways.
Unions for flight attendants at American Airlines and US Airways said that they have a deal which could result in both groups being governed by a single labor contract.
US Airways will move its Pittsburgh based operations center to North Texas.
American Airlines and US Airways next week will begin selling tickets on each other’s flights in a move toward combining fleets after their 2013 merger.
The new CEO of American Airlines will let the company’s employees settle a dispute over the fleet’s appearance by letting them pick the design for the tails of their planes.
American Airlines, fresh out of bankruptcy and newly merged with US Airways, said that it will buy 90 new regional jets to replace smaller, less fuel-efficient planes.