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American keeps cancelling flights, CEO takes heat

Bloomberg When American Airlines Group Inc exited bankruptcy in 2013, its new boss vowed to trounce rivals within a few years. These days, those competitors are delivering the beating. American is underperforming Delta Air Lines Inc and United Airlines Holdings Inc on profit margins and on-time arrivals. Investors are punishing American’s stock, sending the shares to the biggest decline this ...

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China probes Cathay’s empty oxygen bottles

Bloomberg Cathay Pacific Airways is under investigation by Chinese regulators after emergency oxygen bottles on three flights were found depleted or completely empty, compounding pressure on the Hong Kong airline from mainland authorities. Cabin crew from the flights have been grounded so they can help with the probe, Cathay told staff in a memo. As well as the Civil Aviation ...

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Dorian grounds hundreds of flights

Bloomberg Hurricane Dorian upended Labor Day travel plans for hundreds of thousands of people in the Southeastern US, as fierce winds and torrential rains forced widespread cancellation of rail service and airline traffic. According to FlightAware, a flight-tracking website, airlines cancelled 1,152 flights on September 2. The hardest-hit airport was Fort Lauderdale International in Florida, which closed at noon on ...

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