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Southwest Airlines beats 1Q profit and revenue expectations

2015-04-23 15:47:35| Airlines - Topix.net

The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share.

Tags: profit revenue expectations southwest

 

United Airlines posts record profit of $508 million for 1Q

2015-04-23 14:42:45| Airlines - Topix.net

But the airline is predicting a key revenue figure will fall in the second quarter. And it's speeding up changes to its fleet, including retiring more small planes.

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American Airlines CEO Gives Up Cash in Shift to Stock Only

2015-04-23 11:57:26| Jewelry - Topix.net

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. American Airlines Chief Executive Officer Doug Parker voluntarily gave up the cash portion of his compensation and will be paid only in stock.

Tags: only american stock cash

 

American Airlines CEO gives up his salary

2015-04-23 06:38:18| Airlines - Topix.net

But don't worry about Parker, who was paid $12.3 million in salary, stock and other compensation last year. He'll do OK.

Tags: american ceo salary airlines

 

FBI warns airlines to lookout for in-flight hackers

2015-04-23 02:28:32| Airlines - Topix.net

Airline crews are being asked to keep their eyes open for suspicious activity after recent reports suggested that hackers might be able to take control of an aircraft by compromising inflight entertainment systems. The Federal Bureau of Investigation's Infraguard website has published a private industry notification advising airplane staff to watch out for unusual behavior on the heels of an incident last week in which FBI agents questioned a security researcher who wrote on Twitter about trying to access the systems while onboard a United Airlines passenger jet.

Tags: airlines fbi hackers warns

 

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