VENTURE CAPITAL POST

American Airlines halted flights due to technical issues on Thursday, 12 noon. Chicago, Miami and Dallas airports have been affected. The operation was resumed around 2 pm. The Federal Aviation Authority tweeted that American Airlines flights to and from Chicago O'Hare, Dallas-Fort Worth and Miami were halted temporarily, "@AmericanAir requested a ground stop for all of their traffic in and out of DFW/ORD/MIA due to their computer issue," The Independent reported.

The union representing American Airlines pilots approved the carrier's final contract offer late Saturday, paving the way for a retroactive 23 percent wage hike if its members concur in a vote this month.

American Airlines Group Inc said Tuesday that it plans to pay flight attendants an additional four percentage points on top of raises already averaging 10 percent, thanks to profits that have strengthened as oil prices have collapsed.

American Airlines has won regulatory approval to swap flight attendants' paper manuals for lighter Samsung tablets in a change that will save nearly $1 million a year, the company said on Wednesday.

According to a report by the South China Morning Post, the approved merger of American Airlines and US Airways to form the largest airline by revenues in the world is not good news for passengers.

Bankruptcy judge Sean Lane dismissed a private effort to block the merger between US Airways and AMR Corp and gave the clearance to allow the transaction to proceed.

American Airlines Inc was slapped with another lawsuit claiming its merger with US Airways Inc would break antitrust laws, putting another roadblock on its exit from bankruptcy.

US Department of Transportation found that US Airways Group was guilty of not providing standard disability services to its passengers.

US Justice Department's condition to AMR Corp and US Airways to lift the former's lawsuit could further delay merger plans.

Southwest Airlines and JetBlue Airways articulated its interest in acquiring AMR-US Airway flight slots in Washington.

US Attorney General Eric Holder said his comments that confirmed talks of a settlement between American Airlines and the US Airways regarding the airline's planned merger.

The state of Texas had dropped out of the lawsuit filed by the US Justice Department to block the US Airways-American Airlines merger, according to a Reuters report.

AMR and US Airways indicate new deadlines on their eventual decision on the merger as the lawsuit had affected the businesses.

American Airlines and US Airways Group Inc. had came to an agreement that the USD14 billion merger should be completed before the new deadline, which is on January 18 next year.

The unions working for AMR Corp, the parent of American Airlines, and US Airways conducted a forwarded their displeasure on the suit filed by the antitrust division of the Justice Department.