Back in April 2013, the SEC said OK, fine. You can post materially important information about your company on social media as long as you make the public aware that this stuff might wind up there. This was after Netflix Chief Executive Officer Reed Hastings made comments on Facebook about the company’s viewership levels, and it created a bit of a buzz.
American Airlines Group Inc. is heading for an annual profit analysts estimate at $3.5 billion, a record for the resurgent U.S. industry, as the carrier reaps merger benefits faster than in rivals’ tie-ups.
United Continental Holdings Inc., struggling to match other airlines’ profit gains, said it has identified ways to cut costs by almost $1 billion and shifted its biggest planes to different routes to boost revenue.
Spirit Airlines Inc. carved out a niche as the ultra low-cost, no-frills carrier, charging for everything from carry-on bags to printing boarding passes. It’s achieved another get-what-you-pay-for milestone, this time as the airline with the worst on-time record in North America.