Two Airline CEOs Face Brisk Questions At Meetings
southwestern and American executives faced scrutiny at annual shareholder meetings. AMR chief Arpey defended a 5.2 million pay package amid ongoing labor talks while Southwest's Gary Kelly faced questions on dividends and praised service in Detroit. Analysts project AMR to lose about 700 million and Southwest to earn around 500 million in 2011.
MENTIONED IN THIS ARTICLE
Dallas Southwest
American
Gerard Arpey
American Airlines
AMR Corp
Southwest Airlines Co
Gary Kelly
Ing
Southwest
AirTran Airways
AMR
Arpey
British Airways
Japan Airlines
Delta
United
Kelly
FactSet
Government probes flight ticket distribution network
The Justice Department investigates whether firms distributing airline flight and fare data violate antitrust laws. Airlines and two major GDS groups Travelport and Sabre confirm inquiries, amid a broader clash over how corporate and consumer sales are routed, with American challenging Travelport in court.
MENTIONED IN THIS ARTICLE
Dallas American Airlines
Justice Department
American
Andrew Backover
Delta
US Airways
Travelport Ltd
Sabre Holdings
Travelport
Jill Brenner
Sabre
Nancy St. Pierre
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