American/US Airways 401k Plans merge

The merger integration process takes another big step! We are confident that all the US Airways pilots were excited to learn that the new 401k for the company will be Fidelity, instead of the US plans moving to EMPOWER (formerly J.P. Morgan Retirement Plan Services). Legacy US pilots are now accessing their plan accounts at netbenefits.com/aa;

Update on the Intended Offer by FedEx for TNT Express

 - May 13, 2015 Reference is made to the joint press releases by FedEx Corp. (NYSE:FDX) (FedEx) and TNT Express N.V. (TNT Express) dated 7 April 2015 and 1 May 2015 in respect of the intended recommended public cash offer for all issued and outstanding ordinary shares in the capital of TNT Express at an

American Airlines Group a step closer to full US Airways integration

American Airlines Group (AAL +3%) lands approval from the FAA to legally operate US Airways under the American certificate. The development is an important step in fully realizing the benefits of integrating US Airways. It will take until the end of the year to merge the US Airways website with AA.com and more than a

FedEx to buy TNT for $4.8 billion to take on rivals in Europe

http://www.reuters.com/article/2015/04/07/us-tnt-express-m-a-fedex-idUSKBN0MY06G20150407 FedEx Corp (FDX.N) is to buy Dutch package delivery firm TNT Express (TNTE.AS) for an agreed 4.4 billion euros ($4.8 billion), stepping up the challenge to rivals United Parcel Service (UPS.N) and Deutsche Post (DPWGn.DE) in Europe. European regulators blocked a 2013 takeover of TNT by UPS due to concerns it would stifle competition,

Why Delta Air Lines Is Set To Outperform This Year

Summary Delta has a strong domestic market presence. The company's low cost strategy allows it to operate with higher margins than its competitors. The airline industry's growth rate is consistent and growing. By Kelvin Li of Queen's Capital With the recent drop in oil prices, investors are seeking for opportunities that can capitalize on the

Zacks Bull Of The Day: United Continental Holdings

The drum beats of low oil prices continue, and therefore United Continental Holdings (UAL) is the Zacks Bull of the day! Estimates for the airline company have been steadily increasing due to the decline in oil prices, improving customer service, and the launch of new routes. This Zacks Rank #1 (Strong Buy) stock is the

U.S. airlines are loving the drop in oil prices.

Fuel is the largest expense for airlines, accounting for more than a quarter of their operating expenses. While drivers are excited about gas at $2 a gallon, their savings are likely to come to just $10 a week. By comparison, Delta Air Lines (DAL) announced last week it would save $40 million for every penny

Ford and others drop Pimco fund from 401K, is US Airways next?

Oct 21 (Reuters) - Ford Motor Co said on Tuesday the company will drop the Pimco Total Return Fund from its 401k plan as a result of the sudden departure of Bill Gross. Ford said in a statement to Reuters: "Ford Motor Company constantly monitors and assesses the performance of its investment lineup. Effective Nov.

Decades later, Wright Amendment lifted at Dallas Love Field

By Andrea Ahles - aahles@star-telegram.com A decade ago, Southwest Airlines declared “Wright was Wrong,” but for Fort Worth leaders, the Wright Amendment was right. The 1979 amendment, which restricted long-haul flights out of Dallas Love Field, was enacted to protect the new Dallas/Fort Worth Airport, built jointly by Fort Worth and Dallas. With Delta Air