The pilots union at American Airlines Group Inc (NASDAQ:AAL)fired back at its counterpart at US Airways Inc. as the two groups battle over how they’ll decide to combine their seniority lists. The Allied Pilots Association said Friday that it shouldn’t be required to enter into binding arbitration to settle the issue of integrating the separate lists of pilots from the two airlines. American Airlines Group Inc (NASDAQ:AAL) shares after opening at $36.76 on last trade day and at the end of the day closed at $36.11. Company price to sales ratio in past twelve months was calculated as 0.31 and price to cash ratio as 1.23. American Airlines Group Inc (NASDAQ:AAL) showed a negative weekly performance of -0.63%.
United Continental Holdings Inc (NYSE:UAL) is considering outsourcing some Hawaii ground operations, potentially leading to the layoff of more than 220 employees in Lihue, Kahului and Kona. The airline told workers at the three Hawaii airports and 12 small mainland airports last week that it’s examining market rates for ground operations work, the Honolulu Star-Advertiser reported. United Continental Holdings Inc (NYSE:UAL) shares fell -1.99% in last trading session and ended the day on $44.33. UAL return on equity ratio is recorded as 70.80% and its return on assets is1.70%. United Continental Holdings Inc (NYSE:UAL) yearly performance is 37.24%.
Between the U.S. and China, carriers from both sides are only getting about 60% of the air traffic, which is below the norm for other parts of the world, Delta Air Lines, Inc. (NYSE:DAL) estimates, and now the U.S. carrier is working with its Chinese counterpart, China Eastern Airlines, to try to take back some of that business for both, reported The Wall Street Journal. Delta Air Lines, Inc. (NYSE:DAL) shares moved down -2.71% in last trading session and was closed at $32.73, while trading in range of $32.73 – $34.07. Delta Air Lines, Inc. (NYSE:DAL) year to date (YTD) performance is 19.37%.
The U.S. Air Force on Friday estimated that The Boeing Company (NYSE:BA) development of a new refueling plane will cost nearly $1.1 billion more than initially planned, but the terms of the government’s contract mean Boeing must cover the added costs. The latest estimate from the Air Force office that runs the KC-46A aerial tanker program puts the total development cost at $5.85 billion. The Air Force plans to spend $52 billion to develop and buy 179 of the new refueling planes to start replacing its fleet of 50-year-old KC-135 tankers, which are used to refuel fighter jets and other warplanes during flight. The Boeing Company (NYSE:BA) weekly performance is-0.43%. On last trading day company shares ended up $122.58. The Boeing Company (NYSE:BA) distance from 50-day simple moving average (SMA50) is -5.85%. Analysts mean target price for the company is $153.25.