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Feb 14, 2013
02/13
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two big sweetheart deals on this valentine's day: american airlines is merging with u.s. airways, creating the world's largest airline company; and warren buffett is buying h.j. heinz, the biggest food company acquisition ever. we'll have more on american in a moment, but we begin tonight with buffett and that surprising mega-food deal. the billionaire investor is teaming up with the billionaire owners of 3g capital to buy the ketchup maker for $28 billion. the private equity group and buffett's berkshire hathaway are paying $72.50 a share in cash. that's a 20% premium over heinz's closing price yesterday. ruben ramirez reports. >> reporter: the oracle of omaha now has a new title: ketchup king. for the first time, warren waomett, who's shifr ay working with private equity partners, is teaming up with 3g capital in a $28 billion deal-- close to $24 billion of that in cash and the assumption of $4 billion in debt-- to take h.j. heinz private. >> warren buffett is starting to get older at this point, and, in this case, he's having 3g handle the operational side of this transaction.
two big sweetheart deals on this valentine's day: american airlines is merging with u.s. airways, creating the world's largest airline company; and warren buffett is buying h.j. heinz, the biggest food company acquisition ever. we'll have more on american in a moment, but we begin tonight with buffett and that surprising mega-food deal. the billionaire investor is teaming up with the billionaire owners of 3g capital to buy the ketchup maker for $28 billion. the private equity group and...
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Feb 14, 2013
02/13
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LINKTV
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american airlines and u.s. airways are creating one of the world's biggest airlines. the new carrier is expected to be worth around $11 billion. it will be branded american airlines but it would be run by the ceo of u.s. airways. american airlines as been under bankruptcy protection since 2011. let's get the story from an aviation consultant in washington, d.c. our american could have emerged from bankruptcy in successfully on its own, i think. u.s. airways has been very consistent in the idea that mergers need to take place in the u.s. industry to reduce the level of competition and to create carrier's large enough to survive. however, it's not entirely clear that mere size is a guarantee of success. the most profitable carrier in the world and in the u.s. is southwest. it's not the largest in the field. >> to the growing scandal over a food standards in europe. protesting beef products across the your opinion. they are to be dna tested for they are to be dna tested for traces
american airlines and u.s. airways are creating one of the world's biggest airlines. the new carrier is expected to be worth around $11 billion. it will be branded american airlines but it would be run by the ceo of u.s. airways. american airlines as been under bankruptcy protection since 2011. let's get the story from an aviation consultant in washington, d.c. our american could have emerged from bankruptcy in successfully on its own, i think. u.s. airways has been very consistent in the idea...
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Feb 14, 2013
02/13
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WUSA
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well, this morning american airlines and us airways will announce they are merging to form the world's largest airline. the deal's been in the works since august combining bankrupt american what the much smaller us airways. if this later airline mega merger is approved, four airlines will control about three quarters of the u.s. airline traffic. susan mcginnis is in washington with more on this story. susan, good morning. >> good morning. this is the latest mergener this massive consolidation that has taken place over just the last five or six years. this one's going combine the third and the fourth biggest airlines to form the biggest largest. now, the typical winners in these massive deals are usually airlines themselves because they can save and boost profits and also wall street. for travelers it often leads to higher fares, fewer flight, and fewer seats. american airlines and usz airways are joining forces to join the biggest airline in the world. >>> our best goal going forward is to make it the biggest strongest airline in the country, and i suppose that's about to happen. >> th
well, this morning american airlines and us airways will announce they are merging to form the world's largest airline. the deal's been in the works since august combining bankrupt american what the much smaller us airways. if this later airline mega merger is approved, four airlines will control about three quarters of the u.s. airline traffic. susan mcginnis is in washington with more on this story. susan, good morning. >> good morning. this is the latest mergener this massive...
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Feb 27, 2013
02/13
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CSPAN2
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i beginning the system of american airlines and u.s. airways it will build the networking arc passengers want. one that will compete with the networking of delta and northwest and the low cost carriers like jetblue and southwest. the passenger benefit. new american airlines stem from the complimentary naimp. by beginning these we add origin, destination, and hubs to a networking with very little route dip indication. indeed out of the nearly 900 domestic routes whether he serve american airlines and u.s. airways only have 12 nonstop overlaps. also u.s. airways has provided extensive service. it will allow us to extend the focus to the american airlines system. combining these networks will create new exciting international opportunities. we will provide thousand of passengers better alternatives with over 1300 new routes worldwide. in addition the customers will have the potential to access -- sorry have the access the potential to access over 130 cities around the globe served by american but not yet served by u.s. airways and 62 served by u.s
i beginning the system of american airlines and u.s. airways it will build the networking arc passengers want. one that will compete with the networking of delta and northwest and the low cost carriers like jetblue and southwest. the passenger benefit. new american airlines stem from the complimentary naimp. by beginning these we add origin, destination, and hubs to a networking with very little route dip indication. indeed out of the nearly 900 domestic routes whether he serve american...
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Feb 14, 2013
02/13
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WRC
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airlines essentially gobble up all the business? >>> sit back and watch the flight taking off here from reagan national. you start to notice a pattern. us airways and american airlines are constantly flying out of the this airport. in fact figures show that almost 7 out of ever 10 flights leaving here are either us airways or american airlines planes. that has some concerned about a mo stenchal cornering of the market. >> they don't have to compete. you don't have to worry about keeping every customer happy. >> reporter: some travelers saying the new airline would lose business fast if it decided to raise fares dramatically. >> the customers will reject it. >> reporter: this is just a planned merger right now and there's still some procedure hoops for the airlines to jump through. also if the deal does go through, airline leaders are quick to point out a business strategy they don't know what it would like lie. he isn't issue area coating the potential impact. >> i think it's definitely going to mean higher prices. american airlines is in bankruptcy. >> and he says it's not just ticket prices that could go up. he thinks airline fees could also be affected.
airlines essentially gobble up all the business? >>> sit back and watch the flight taking off here from reagan national. you start to notice a pattern. us airways and american airlines are constantly flying out of the this airport. in fact figures show that almost 7 out of ever 10 flights leaving here are either us airways or american airlines planes. that has some concerned about a mo stenchal cornering of the market. >> they don't have to compete. you don't have to worry about...
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Feb 14, 2013
02/13
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WJLA
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two major airlines will join forces. >> us airways and american airlines will operate under the same name. many flyers are worried whether they will operate at the same price. >> a major merger to create the world's largest airlines. us airways and american finalized at $11 billion deal to become one company. when it is complete, the airline will operate with more than 6000 -- 6700 daily flights. >> there will be no changes to the frequent flyer programs from either airline. all miles will continue to be honored. >> some tried first are not so -- some travelers are not so confident. >> they created a new category. everyone got downgraded. >> this could be good news for travelers in dc. a consolidation could bring in new options at the airport. passengers here at reagan national airport say the options and types of flights are not the biggest concern. what is is how much they will have to pay to fly. >> we have less competition. the price will go up. >> the deal -- she often flies to d.c. the merger is expected to be a done deal by the end of the year. reagan national. brianne carter,
two major airlines will join forces. >> us airways and american airlines will operate under the same name. many flyers are worried whether they will operate at the same price. >> a major merger to create the world's largest airlines. us airways and american finalized at $11 billion deal to become one company. when it is complete, the airline will operate with more than 6000 -- 6700 daily flights. >> there will be no changes to the frequent flyer programs from either airline....
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Feb 14, 2013
02/13
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FBC
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airline deal. it was highly anticipated that u.s. airways and american airlines would merge. first let's hit heinz. i am going to stick with heinz. warren buffett, berkshire hathaway. obviously at a premium. heinz is up 20%. watch the 3:00 p.m. show, we will certainly delve into it more for you. he loves their products. he loves the emerging markets. he thinks it was a great buy. then, we will talk about u.s. airways and american airlines merger. you can see they are finally coming together. the u.s. airways ceo will remain in the top spot as ceo. u.s. airways is down right now. dagen: thank you, nicole. connell: we are waiting for the speaker of the house, john boehner. we say take a look at this. a little over two weeks until automatic spending cuts will kick in. congress taking a week off leaving you just six working days to get something done. dagen: wait until the last minute has become the norm. how do you think this plays out? >> i think the impact on the economy will be small. the cuts are relatively small. we had $175 billion in tax increases at the end of the year.
airline deal. it was highly anticipated that u.s. airways and american airlines would merge. first let's hit heinz. i am going to stick with heinz. warren buffett, berkshire hathaway. obviously at a premium. heinz is up 20%. watch the 3:00 p.m. show, we will certainly delve into it more for you. he loves their products. he loves the emerging markets. he thinks it was a great buy. then, we will talk about u.s. airways and american airlines merger. you can see they are finally coming together....
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Feb 15, 2013
02/13
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two big sweetheart deals on this valentine's day: american airlines is merging with u.s. airways the world's largest airline company; and warren buffett is buying h.j. heinz, the biggest food company acquisition ever. we'll have more on american in a moment, but we begin tonight with buffett and that surprising mega-food deal. the billionaire investor is teaming up with the billionaire owners of 3g capital to buy the ketchup maker for $28 billion. the private equity group and buffett's berkshire hathaway are paying $72.50 a share in cash. that's a 20% premium over heinz's closing price yesterday. ruben ramirez reports. >> reporter: the oracle of omaha now has a new title: ketchup king. for the first time, warren buffett, who's shied away from working with private equity partners, is teaming up with 3g capital in a $28 billion deal--
two big sweetheart deals on this valentine's day: american airlines is merging with u.s. airways the world's largest airline company; and warren buffett is buying h.j. heinz, the biggest food company acquisition ever. we'll have more on american in a moment, but we begin tonight with buffett and that surprising mega-food deal. the billionaire investor is teaming up with the billionaire owners of 3g capital to buy the ketchup maker for $28 billion. the private equity group and buffett's...
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Feb 14, 2013
02/13
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KPIX
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american airlines and u.s. airways just announced plans for a merger. the $11 billion deal will create the largest airline in the world. it will combine the american look and old name with american in bankruptcy, up to a federal judge to decide if the deal will be a good one for its creditors. if the deal flies, the world's four biggest airlines would control nearly 70% of all air traffic. experts say ticket prices could take off as a result. >> even though people say that, you know, this particular merger of u.s. airways and american articles isn't going to raise ticket prices, i don't believe that one bit. >> the two airlines have been in negotiations since august. >>> this morning, passengers being towed to port on that disabled cruise ship are counting the hours until they finally arrive back on solid ground. the carnival triumph is being tugged across the gulf of mexico. live pictures, this is off mobile, alabama where i'm sure people can't wait to get off that ship. one of 4,000 people have been -- up to 4,000 pe
american airlines and u.s. airways just announced plans for a merger. the $11 billion deal will create the largest airline in the world. it will combine the american look and old name with american in bankruptcy, up to a federal judge to decide if the deal will be a good one for its creditors. if the deal flies, the world's four biggest airlines would control nearly 70% of all air traffic. experts say ticket prices could take off as a result. >> even though people say that, you know, this...
WHUT (Howard University Television)
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Feb 14, 2013
02/13
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WHUT
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air was -- airways and american airlines. american airlines and a rival u.s. airways have merged. s officials. the deal creates the biggest carrier by passenger numbers but is this really the end of an era for american carriers? both airlines have a long history, in particular american airlines because it started out as american airways back in 1930 after a merger of several holding companies. for american, it had its darkest day on september 11, 2001. it lost two of its aircraft to hijackers. as late as 2011, american airlines and a few others filed for bankruptcy protection. dayy is a valentine's marriage with u.s. airways makes the new entity the biggest airline in the world, 900 planes, 3200 flights every single day, and 100,000 employees and the experts have been telling me that all of this is good news for air travelers. >> there should be benefits to the customer and hopefully service will start to improve and you will be able to go between two cities easier. hopefully this will be beneficial to customers. there is a concern about pricing. historically, mergers normally do n
air was -- airways and american airlines. american airlines and a rival u.s. airways have merged. s officials. the deal creates the biggest carrier by passenger numbers but is this really the end of an era for american carriers? both airlines have a long history, in particular american airlines because it started out as american airways back in 1930 after a merger of several holding companies. for american, it had its darkest day on september 11, 2001. it lost two of its aircraft to hijackers....
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Feb 14, 2013
02/13
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CNN
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it is american airlines and u.s. airways. in bankruptcy and there's been talk for some time that these two airlines are trying to pair up in the bankruptcy process and come out as one big airline on the other side. this is what the hubs would look like for u.s. airways and american. this new airline would get a bunch of new area, new zone on the east coast. what does it mean for flyers? better connections, possibly short-term reservation glitches like lost luggage, more reservation problems. we saw that happen with continental/united. experts are saying they do not think this will mean higher fares at the again. look for more trying to merge the frequent flyer plans and paperwork thing like that. let me show you the big four carriers that would carry 83% of all the passengers. this new american would be the largest. we had ten carriers in 2001. they are four today. mark murphy, a travel expert told us why american needs to do this. listen. >> airlines can't keep operating at a loss. i mean, american airlines has lost billions
it is american airlines and u.s. airways. in bankruptcy and there's been talk for some time that these two airlines are trying to pair up in the bankruptcy process and come out as one big airline on the other side. this is what the hubs would look like for u.s. airways and american. this new airline would get a bunch of new area, new zone on the east coast. what does it mean for flyers? better connections, possibly short-term reservation glitches like lost luggage, more reservation problems....
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Feb 15, 2013
02/13
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KCSM
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there is another megadeal in the making -- american airlines and u.s. airways say they want to join forces in creating the biggest airline in the world in terms of passengers. >> that move comes just one year after american airlines filed for bankruptcy. analysts say the merger is likely to trigger more consolidation of airlines in the u.s. >> first, it has to get pass congress, and a leading legislator has already asked if it could hurt consumers by cutting competition pam -- by cutting competition. >> the world largest airline could be created if a merger between u.s. airways and american airlines is approved. u.s. carriers dominate the global airline industry. in 2011, american airlines was in fourth place. u.s. airways in ninth. put together, the companies should have more passengers than delta, putting them in first. the supervisory boards say the deal must also be approved by the bankruptcy court that has been handling the restructuring of american airlines since late 2011. despite a mountain of debt, american airlines has done strong business in recent m
there is another megadeal in the making -- american airlines and u.s. airways say they want to join forces in creating the biggest airline in the world in terms of passengers. >> that move comes just one year after american airlines filed for bankruptcy. analysts say the merger is likely to trigger more consolidation of airlines in the u.s. >> first, it has to get pass congress, and a leading legislator has already asked if it could hurt consumers by cutting competition pam -- by...
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Feb 15, 2013
02/13
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KQED
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the new company will fly under the american airlines name, and it will be run by u.s. airways' chief executive, doug parker. but what will it mean for consumers? suzanne pratt has the story. >> reporter: love may be in the air for american airlines and u.s. airways, but will passengers love this marriage? there are at least a few reasons they just might, including increased access to new destinations and a chance to combine their frequent flier miles. but what about ticket prices? once the merger happens, the majority of the u.s. air travel market will be controlled by just four companies: american, delta, united-continental and southwest. frequent flier mile expert brian kelly says consumers should expect to pay more, at least on some routes. >> because there's consolidation, i do think that, as planes get packed again, we'll see fares shoot up again, especially if oil starts to rise, as well. >> reporter: other airline experts say ticket prices are unlikely to take off as a result of the merger. they point out there have been a lot of big airline deals in the last decade, an
the new company will fly under the american airlines name, and it will be run by u.s. airways' chief executive, doug parker. but what will it mean for consumers? suzanne pratt has the story. >> reporter: love may be in the air for american airlines and u.s. airways, but will passengers love this marriage? there are at least a few reasons they just might, including increased access to new destinations and a chance to combine their frequent flier miles. but what about ticket prices? once...
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Feb 14, 2013
02/13
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KPIX
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american airlines and u.s. airways just announced an $11 billion merger. it would create the world's largest airline. susan mcginnis looks at what this could mean for passengers. >>> reporter: american airs and u.s. airways are joining forces to form the biggest airline in the world. >> our best goal going forward is to make it the biggest strongest airline in the country and i suppose that's about to happen. >> reporter: the combined carrier will have american airlines' new look and its old name ranking ahead of united which joined continental in 2010 and delta which absorbed northwest airlines in 2008. >> the only way to survive at least some of the airlines believe is to merge together, grow and then don't overlap as much. >> reporter: with american in bankruptcy it will be up to a federal judge to decide if the deal will be a good one for its creditors. >> american if it had not done some sort of merger would have been inferior to its bigger competitors in terms of its net worth. >> reporter: the department of justice will also have to sign off on the d
american airlines and u.s. airways just announced an $11 billion merger. it would create the world's largest airline. susan mcginnis looks at what this could mean for passengers. >>> reporter: american airs and u.s. airways are joining forces to form the biggest airline in the world. >> our best goal going forward is to make it the biggest strongest airline in the country and i suppose that's about to happen. >> reporter: the combined carrier will have american airlines'...
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Feb 14, 2013
02/13
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KPIX
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american airlines and us airways are joining forces to join the biggest airline in the world. >>> our best goal going forward is to make it the biggest strongest airline in the country, and i suppose that's about to happen. >> the combined carrier will have american airlines' new look and its old name. it combines continental and delta. >> the only way to survive at least some of the airlines believe is to merge together, grow, and then don't overlap as much. >> with american in bankruptcy, it will be up to a federal judge to decide if the deal will be a good one for its creditors. >> american, if it had not done em some sort of a merger, would have been inferior to its bigger competitors in terms of its net worth. >> the department of justice will have to sign off on the deal. they'll look at whether the merger will mean less competition. >> american will have a monopoly on virtually every route that they fly. >> if the deal flies, the world's four biggest airlines would control nearly 70% of all air traffic. experts say ticket prices could take off as a result. >> even though people
american airlines and us airways are joining forces to join the biggest airline in the world. >>> our best goal going forward is to make it the biggest strongest airline in the country, and i suppose that's about to happen. >> the combined carrier will have american airlines' new look and its old name. it combines continental and delta. >> the only way to survive at least some of the airlines believe is to merge together, grow, and then don't overlap as much. >> with...
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Feb 14, 2013
02/13
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WETA
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airline in terms of miles flown by passengers around the world. we have this from new york. >> the courtship is over and now they are making it permanent. u.s. airways announced its merger with american airlines. [applause] it was the closest thing to a marriage ceremony. the u.s. airways to executive counted the benefits of this union. >> these are two highly complementary airlines. the 900 route we fly individually. when you add them up, there are only 12 of them that have overlap. this is really about providing better service to customers. it creates a nice third competitor to the two larger airlines. our view is it increases competition, doesn't decrease competition. >> the deal will save the combines company's $11 billion per year. united shareholders will own 28% of the stock while american shareholders will own the remaining 72%. this deal will help rescue it from bankruptcy and allow it to compete with the likes of delta and united, both of which a gone through mergers. >> we will be delivering the most value to our owners and the greatest benefits to our customers and our people. >> there are still hurdles to clear. at new york's jfk, passengers wondered what it meant for th
airline in terms of miles flown by passengers around the world. we have this from new york. >> the courtship is over and now they are making it permanent. u.s. airways announced its merger with american airlines. [applause] it was the closest thing to a marriage ceremony. the u.s. airways to executive counted the benefits of this union. >> these are two highly complementary airlines. the 900 route we fly individually. when you add them up, there are only 12 of them that have...
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Feb 14, 2013
02/13
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KRON
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american airlines name. it will run by u.s. airways ceo of douglas parker. ile american airlines ceo tom horton will become chairman. the deal has been in the works and all the creditors forced american airlines to consider a merger. the merger of american u.s. airways will be slightly bigger the united airlines and it reduces the number of major u.s. airlines to 4. >> this year, gross cost of launching a cookie finder app to help connect scout cookie mongering customers. the app allows users to find out when and where a local group is having a sale, and then create calendars marking down upcoming cookie sales. >> if there are no both sales nearby, users can enter the contact information and ask to be contacted by their local scout with further details. >> users can share their findings with friends of facebook followers on twitter. >> still ahead explosive devices in a santa clara homes in the neighborhood is a panic mode. the welcome back. let us get a full forecast of the weather with erica. >> good morning james. visibility is at 0 in navato. it took a wi
american airlines name. it will run by u.s. airways ceo of douglas parker. ile american airlines ceo tom horton will become chairman. the deal has been in the works and all the creditors forced american airlines to consider a merger. the merger of american u.s. airways will be slightly bigger the united airlines and it reduces the number of major u.s. airlines to 4. >> this year, gross cost of launching a cookie finder app to help connect scout cookie mongering customers. the app allows...
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Feb 14, 2013
02/13
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WUSA
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it will be formally announced that american airlines parent is hooking up with u.s. airways group that would create the world's largest airline. american has been restructuring ushed bankruptcy -- under bankruptcy protection. creditors forced american to consider a merger rather than remain independent. under this all stock deal, american's creditors will actually wind up owning 72% of the combined airline and u.s. airways shareholders would get the rest. this tieup marries the third and fourth biggest carriers in the nation. some analysts are warning flyers could see fares rising across the industry in the future. >>> the u.s. lags behind many of its rivals when it comes to the minimum wayne. president obama is -- wage. president obama is proposing a hike to $9. that would still leave the lowest paid american workers way behind their counterparts in other developing countries. australia is actually tops with a minimum wage of nearly $17 an hour. next comes france, england and japan. but i'll tell you, not everybody thinks that raising the minimum wage is a good idea. in fac
it will be formally announced that american airlines parent is hooking up with u.s. airways group that would create the world's largest airline. american has been restructuring ushed bankruptcy -- under bankruptcy protection. creditors forced american to consider a merger rather than remain independent. under this all stock deal, american's creditors will actually wind up owning 72% of the combined airline and u.s. airways shareholders would get the rest. this tieup marries the third and fourth...
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Feb 14, 2013
02/13
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WJLA
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american airlines and u.s. airways will merge to create american's largest airline.cars are more dependable than ever. some more dependable than ever. jfd. pollard -- j.d. power and associates ranked lexus first. there is now a definite date for the cool ranch doritos taco. it is one of the biggest product launches in fast food history. have a great day. >> the board of supervisors is scheduled to vote today as to whether to exempt a popular watering from a new county ordinance. >> the order -- the ordinance requires winery's to close at 6:00 p.m. -- wineries to close the 6:00 p.m.. when we -- ond wsinn -- one wnery is requesting -- winery is requesting an exemption. >> it says it could lose thousands of dollars without the change. president obama declared a federal disaster in mississippi after a tornado left a path of destruction. >> lost major dampens -- damage on the campus of university of southern mississippi. the tornado destroyed more than a hundred homes. more than 50 people were injured. owners of the grand old opry wants the government to pay for the damag
american airlines and u.s. airways will merge to create american's largest airline.cars are more dependable than ever. some more dependable than ever. jfd. pollard -- j.d. power and associates ranked lexus first. there is now a definite date for the cool ranch doritos taco. it is one of the biggest product launches in fast food history. have a great day. >> the board of supervisors is scheduled to vote today as to whether to exempt a popular watering from a new county ordinance. >>...
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Feb 15, 2013
02/13
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KPIX
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american airlines and u.s. airways announced today they plan to merge. merwatch reporter julie watts on what the deal means for travelers. >>> reporter: it's a mega- merger in the skies. a marriage of american airlines and u.s. airways that will create the world's largest airline with more than 3,000 daily flights. >> we have come to agreement that this makes sense for all of our customers and employees, investors, and we couldn't be happier. >> reporter: but it may not be a match made in heaven for passengers. >> price tend to go up over the long term. >> reporter: he says giant mergers generally mean less competition. for example, after delta bought northwest, data shows some fares increased as much as 29%. after united merged with continental, the price of many flights including those between san francisco and newark jumped as much as 39%. >> an airline merger, the people that benefit the most are wall street, to be honest. >> reporter: with these types of merger, generally the consumer loses and wall street wins. if this deal goes through, just four c
american airlines and u.s. airways announced today they plan to merge. merwatch reporter julie watts on what the deal means for travelers. >>> reporter: it's a mega- merger in the skies. a marriage of american airlines and u.s. airways that will create the world's largest airline with more than 3,000 daily flights. >> we have come to agreement that this makes sense for all of our customers and employees, investors, and we couldn't be happier. >> reporter: but it may not be...
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Feb 14, 2013
02/13
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WRC
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american airlines. here at reagan national, where the majority of slots are occupied by either us airways or american airlines, price is on the minds of frequent fliers. >> they don't have to compete. if you don't have to compete you don't have to worry about keeping passengers happy. >> reporter: we should say this is a planned merger. there are still some procedural hoops. also, if the deal does go through, airline leaders are quick to point out they don't know what a business strategy would even look like. doing laws kidd is the association of airline passengers, he isn't sugar-coating the potential impact. >> i think it will definitely mean higher prices. american is in bankruptcy if they are to survive, they'll have to raise prices. >> there's not a lot of competition, at least for where i fly between tampa and dca. so that's a concern. >> reporter: reporting live at reagan national airport. adam tuss. >>> metro gave an explanation for what led to the meltdown about three weeks ago where passengers were stranded for hours. the transit agency says when metro emergency personnel responded to reports there
american airlines. here at reagan national, where the majority of slots are occupied by either us airways or american airlines, price is on the minds of frequent fliers. >> they don't have to compete. if you don't have to compete you don't have to worry about keeping passengers happy. >> reporter: we should say this is a planned merger. there are still some procedural hoops. also, if the deal does go through, airline leaders are quick to point out they don't know what a business...
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Feb 14, 2013
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airlines is about to shrink. two major carriers are combining, u.s. airways and american airlines.mean less competition in the skies. what does he mean for you when -- it mean for you when you try to book a ticket. >> as we watch the crippled cruise ship, continuing coverage. auto we're going to talk to a mother waiting to be reunited with her young daughter. [ cellphone beeps ] i'm a teenage girl. [ cellphone beeps ] my bff becky texts and says she's kissed johnny. well, that's a problem 'cause i like johnny. now i'm emotionally compromised, and... woopsies! [ tires screech ] i'm all omg, becky's not even hot. and if you've got cut-rate insurance, you could be payin' for this yourself. so get allstate. you could save money and be better protected from mayhem like me. [ tires screech ] [ dennis ] mayhem is everywhere. so get an allstate agent. are you in good hands? back to our top stories, the long, slow journey to port for a crippled carnival cruise ship and the miserable passengers suffered another setback when a towline snapped, setting the vessel adrift. jonathan tells us it's
airlines is about to shrink. two major carriers are combining, u.s. airways and american airlines.mean less competition in the skies. what does he mean for you when -- it mean for you when you try to book a ticket. >> as we watch the crippled cruise ship, continuing coverage. auto we're going to talk to a mother waiting to be reunited with her young daughter. [ cellphone beeps ] i'm a teenage girl. [ cellphone beeps ] my bff becky texts and says she's kissed johnny. well, that's a problem...
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Feb 14, 2013
02/13
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american airlines and u.s. airways prepared to create the world's largest airline clerks are you ready for this it's one of the new ingredients on the new beyonce sandwich "good morning washington at 5:00 begins now. >> >> live and in hd, this is "good morning washington," on your side. >> i'm not sure where we were going with that story. it's thursday, february 14. i am cynne simpson. >> i am scott thuman. it's valentine's day. scott and cynne forever, i like to call it. >> that is so sweet. >> it's a great day for friends or more than friends. snow lovers are not as happy today. not much accumulation in d.c. a few spots got around an inch. germantown at about an inch. gaithersburg, just shy of an inch. chantilly had about a quarter of an inch. the road could be a little slippery and elevated areas. otherwise just wet. 35 degrees in d.c. and 34 at dulles 36 in martinsburg and 30 in manassas. the forecast will bring up your mood. lots of sunshine, temperatures in the upper 40's, almost 50 this afternoon. a big cooldown
american airlines and u.s. airways prepared to create the world's largest airline clerks are you ready for this it's one of the new ingredients on the new beyonce sandwich "good morning washington at 5:00 begins now. >> >> live and in hd, this is "good morning washington," on your side. >> i'm not sure where we were going with that story. it's thursday, february 14. i am cynne simpson. >> i am scott thuman. it's valentine's day. scott and cynne forever, i...
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Feb 14, 2013
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airline stocks do pretty well. in agenda they're not doing very well. they don't seem to like this much at all. what about the new american, the new american airlines? the us airways name, by the way goes away. it goes to the barn where brand any of and american and twa live right now. this new american will have $239 billion in revenue in 2012. it would be 2% larger than ual. it will be the world's biggest airline and better positioned to compete with united in markets like this in chicago. it will cost about a billion dollars to do the merger. they say they will save a billion dollars in costs and 6700 daily flights, 336 destinations, 56 countries. is bigger better at this point? we don't know. tracy: jeff flock out at
airline stocks do pretty well. in agenda they're not doing very well. they don't seem to like this much at all. what about the new american, the new american airlines? the us airways name, by the way goes away. it goes to the barn where brand any of and american and twa live right now. this new american will have $239 billion in revenue in 2012. it would be 2% larger than ual. it will be the world's biggest airline and better positioned to compete with united in markets like this in chicago. it...
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Feb 14, 2013
02/13
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KPIX
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the big news today the merger of american airlines and us airways. o tom horton. good morning to both of you. >> good morning. >> you're merging on this valentine's day, but let me ask you first, doug. a lot of people say does this mean higher prices for me when i want to travel? >> the answer is no. fortunately we have two airlines highly complimentary, not much overlap at all. but we've combined an airline that can compete against those larger. united and delta that can compete strongly against us. so it's more competition, not less. >> doug, you've been -- it sounds like you need a little bottle of water over there. here i go. dare i bring up marco rubio. but you've been pushing for the merger for a long time why and why now? >> well, it makes sense now. it's made sense for a while, we think, but sometimes all the planets need to align and it's taken a while for us to get here but fortunately we've come to an agreement it makes sense for all of our customers and employees and investors and we couldn't be happier. >> what's the benefit for american
the big news today the merger of american airlines and us airways. o tom horton. good morning to both of you. >> good morning. >> you're merging on this valentine's day, but let me ask you first, doug. a lot of people say does this mean higher prices for me when i want to travel? >> the answer is no. fortunately we have two airlines highly complimentary, not much overlap at all. but we've combined an airline that can compete against those larger. united and delta that can...
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Feb 14, 2013
02/13
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FBC
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[laughter] liz: american airlines and u.s. airways creating the largest airline. american airlines name and based in fort worth, texas. but what impact will it have on us and the industry as a whole? david: neil cavuto sat down with them and here's what they had to say as ceos. >> we will create about a billion dollars in the industry, it makes the two airlines are stronger together. that is good for all of our investors, good for our employees, also good for the customers that we serve. stronger airline and we can serve in more places. david: joining us now is the analyst who will tell us if this is good for the industry. >> what is interesting about the regulation standpoint, the company said that they had about 900 daily flights, about 12 of them -- only 12 overlap, which is surprising to me, based on the number of overlapping routes. i would suggest that there may not be as much of a concern when talking about accommodation of u.s. airways and united back in 2001, and briefly the discussions in 2008 and 2010. liz: what will the industry feel and the passengers
[laughter] liz: american airlines and u.s. airways creating the largest airline. american airlines name and based in fort worth, texas. but what impact will it have on us and the industry as a whole? david: neil cavuto sat down with them and here's what they had to say as ceos. >> we will create about a billion dollars in the industry, it makes the two airlines are stronger together. that is good for all of our investors, good for our employees, also good for the customers that we serve....
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Feb 14, 2013
02/13
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WUSA
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buy something. >>> today's "eye opener" is presented by -- >>> american airlines and us airways announcedme the world's largest airline. >> the new airline will become american airlines. the 11 billi$11 billion merger approved. coming up on "cbs this morning" we'll talk with both ceos. it's their first network morning interview. >>> the passengers of the carnival cruise line "triumph." are just a few hours from safety. it will be towed to port this afternoon in mobile, alabama. anna werner is there and i'm presuming there will be a lot of ticked off people. good morning to you. >> reporter: good morning to you, gayle. that is likely to be true. right now the coast guard says the ship is still at least 26, maybe 30 miles from shore roughly, but it's going to be even another day yet before they really get in here. they're not expected in here until late this afternoon coming here to the cruise ship terminal, and once they do get here, they have go through the slow process of getting all those people off to ship. then they'll be headed to new orleans for the night and then after that on the
buy something. >>> today's "eye opener" is presented by -- >>> american airlines and us airways announcedme the world's largest airline. >> the new airline will become american airlines. the 11 billi$11 billion merger approved. coming up on "cbs this morning" we'll talk with both ceos. it's their first network morning interview. >>> the passengers of the carnival cruise line "triumph." are just a few hours from safety. it will be...
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Feb 14, 2013
02/13
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. >>> a big day for american airlines and u.s. airways. the two companies have announced their merge to create the world's biggest airline. what does that mean for travellers? sandra smith has details. >> american airlines and u.s. airways have just agreed to merge creating the world's largest airline. >>> $11 billion deal, the new american will have more than 900 planes, 3200 daily flights and about 95,000 employees. not counting regional affiliates. >> now, what you've seen is that stability is beginning to generate modest profits for the airline industry and that's good for everybody, good for the economy, good for consumers. if our airlines are going to be competitive, they can't lose money every year. >> american airlines parent amr corporation filed for bankruptcy in 2011. the merger would give amr creditors 72% stake. and the remaining would go to shareholders. bad news for passengers. many analysts are predicting fewer flights and higher fairs. which could actually be good news for stockholders who may see gains if profits recover.
. >>> a big day for american airlines and u.s. airways. the two companies have announced their merge to create the world's biggest airline. what does that mean for travellers? sandra smith has details. >> american airlines and u.s. airways have just agreed to merge creating the world's largest airline. >>> $11 billion deal, the new american will have more than 900 planes, 3200 daily flights and about 95,000 employees. not counting regional affiliates. >> now, what...
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Feb 14, 2013
02/13
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your comb -- complete first warning weather forecast is coming up. >>> american airlines and u.s. airways are merging. the boards of the two air carriers agreed last night. they will create the largest airlines in the world. the new company will keep the american airlines name and the ceo of u.s. airways will run it. >>> the sheriff in california said his deputies did not intentionally burn down a cabin that christopher dorner was in. he said the take i can was to drive dorner out not set the cabin on fire. authorities believe dorner died in that blaze but a forensic investigation is underway to positively identify those remains. >>> a short time ago president obama arrived in georgia where he will tour a pre-k classroom. he's called for preschool for all american children. yesterday he toured a manufacturing plant in north carolina, talking about the need for an increase in the minute minimum wage from $7.25 to $9. >>> apple is slashing $200 off the price of the 13 inch mac book pro. it will now cost $1,500. it's thinner faster and lighter than previous models. sales were down 22% in the
your comb -- complete first warning weather forecast is coming up. >>> american airlines and u.s. airways are merging. the boards of the two air carriers agreed last night. they will create the largest airlines in the world. the new company will keep the american airlines name and the ceo of u.s. airways will run it. >>> the sheriff in california said his deputies did not intentionally burn down a cabin that christopher dorner was in. he said the take i can was to drive dorner...
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Feb 15, 2013
02/13
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KQED
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two big sweetheart deals on this valentine's day: american airlines is merging with u.s. airways, creating the world's largest airline company; and warren buffett is buying h.j. heinz, the biggest food company acquisition ever. we'll have more on american in a moment, but we begin tonight with buffett and that surprising mega-food deal. the billionaire investor is teaming up with the billionaire owners of 3g capital to buy the ketchup maker for $28 billion. the private equity group and buffett's berkshire hathaway are paying $72.50 a share in cash. that's a 20% premium over heinz's closing price yesterday. ruben ramirez reports. >> reporter: the oracle of omaha now has a new title: ketchup king. for the first time, warren buffett, who's shied away from working with private equity partners, is teaming up with 3g capital in a $28 billion deal--
two big sweetheart deals on this valentine's day: american airlines is merging with u.s. airways, creating the world's largest airline company; and warren buffett is buying h.j. heinz, the biggest food company acquisition ever. we'll have more on american in a moment, but we begin tonight with buffett and that surprising mega-food deal. the billionaire investor is teaming up with the billionaire owners of 3g capital to buy the ketchup maker for $28 billion. the private equity group and...
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Feb 14, 2013
02/13
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KPIX
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american airlines and u.s. airways just announced plans for a merger. the $11 billion deal will create the world's largest airlines. the combined carrier will have american's new look and old name. with american in bankruptcy it's up to a judge to decide if the deal will be good for the credits. the world's four biggest airlines would control nearly 70% of all air traffic. experts say ticket prices could take off as a result. >> even though people say that, you know, this particular merger of u.s. airways and american airlines isn't going to raise ticket prices, i don't believe that one bit. >> the two airlines have been negotiating since august. >>> passengers aboard a crippled cruise ship should be back on solid ground this afternoon. the carnival triumph is being tugged across the gulf of mexico to a port in mobile, alabama today. more than 4,000 people have been stranded on the ship since an engine fire last weekend and you're taking a look at live pictures of the helicopter and then of course the pictures of that cruise ship. now, carnival says the
american airlines and u.s. airways just announced plans for a merger. the $11 billion deal will create the world's largest airlines. the combined carrier will have american's new look and old name. with american in bankruptcy it's up to a judge to decide if the deal will be good for the credits. the world's four biggest airlines would control nearly 70% of all air traffic. experts say ticket prices could take off as a result. >> even though people say that, you know, this particular...
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Feb 14, 2013
02/13
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american didn't want it. us airways has been trying to find a partner for quite some time and it found one in american. although the new airline will be called american, it's really us airways. the smaller company taking over the bigger company. us airways is generally not the favorite of travelers or travel riders. one airline executive went so far as to call us airways the ugly person that nobody wanted to marry. he's since apologized. what does all this mean to you and you? frequent flyer miles are not affected, at least for now. it will be a couple of years before they do that. if you have tickets for both, you can't combine miles together, at least not yet. the actual tickets and plans are not affected. don't worry about that. but you can find more answers at newamericanarriving.com. >>> other news, sesame street getting this close to 1 billion views on youtube, 1 billion. that's justin bieber territory. and its creators say they're going to release a secret video when they cross that magic number. >> top secret video, oh, boy! it's a top secret video! come on, play, top secret video, play! why don't you play? >> do not o
american didn't want it. us airways has been trying to find a partner for quite some time and it found one in american. although the new airline will be called american, it's really us airways. the smaller company taking over the bigger company. us airways is generally not the favorite of travelers or travel riders. one airline executive went so far as to call us airways the ugly person that nobody wanted to marry. he's since apologized. what does all this mean to you and you? frequent flyer...
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Feb 14, 2013
02/13
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WBFF
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thh world's largest airline.last nnght....tte stamp of approvaa was given tt merge american airlines... with u-s airways will eep iis name... but will be run by 3 change coulddmean fewer seaas and higher prices for passengers. both ccmpanies are xpected to make &pa formal announcemenn this 3 find your style innpiration. savor, sippand styye tuuf valley luuury home show is happeeing ttis weekenn. creig &pnorthrop frrm long and fosser real estate is streaming now for this mornings hometown hhtspot. - tell us about 3 savor sip style. - ow ii long and 3 foster eal state nvolved in the show ?- what can we see? sse? &&p3 savvr ip style 3 turf valley's luxury homm -33 show. will ake placeethis weekknd februarr 16th and 17th . for more informmtioo llg on to foo baltimmrr dot com slash morning. 3 we wwnn to ggt you iito thee pevnttfor free.the 0th caaler 3 p family 4 pacc of paasess-3 3 thinning of senniig thatt speciaa on their cell phone? warrnng for you!the odds of that private picture eing &psent for the publii to see..if &pthat elaatinship turns sour. you're watching foo 45 morning news.. aal local.. all &p
thh world's largest airline.last nnght....tte stamp of approvaa was given tt merge american airlines... with u-s airways will eep iis name... but will be run by 3 change coulddmean fewer seaas and higher prices for passengers. both ccmpanies are xpected to make &pa formal announcemenn this 3 find your style innpiration. savor, sippand styye tuuf valley luuury home show is happeeing ttis weekenn. creig &pnorthrop frrm long and fosser real estate is streaming now for this mornings...
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Feb 27, 2013
02/13
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KICU
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airline merger. u.s. airways and american airlines need the government's permission to combine the companies. questioned today whether a merger would spike the price of your next airplane tick sxet if combining airlines would lead to job cuts in some airports. american aligns says its current hubs will stay in place: a hot air balloon crash killed 19 tourist in egypt today. investigators say that a landing cable became tangled around a helium tank and caught fire. what we're showing you here is video shot from a nearby balloon. the flaming balloon then crashes from an elevation of 1,000 feet into a sugar cane field below. witness say the people jumped to try to escape the flames. only two people survived this crash, a british tourist and the egyptian pilot. >>> san francisco city leaders today helped celebrate the opening of what'll soon be the world's newest international crews ship terminal. as our consumer editor tom reports, it'll step up san francisco's tourism business in a very big way. >> the new san francisco crews terminal and the vast two-plus acre part that will surround it will b
airline merger. u.s. airways and american airlines need the government's permission to combine the companies. questioned today whether a merger would spike the price of your next airplane tick sxet if combining airlines would lead to job cuts in some airports. american aligns says its current hubs will stay in place: a hot air balloon crash killed 19 tourist in egypt today. investigators say that a landing cable became tangled around a helium tank and caught fire. what we're showing you here is...
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. >> good morning, topping america's money, signs of a major airline merger, american airlines and us airways close to a deal that could be announced next woo that -- next week that would be the largest airline. and americans are getting smaller portions at restaurants, and they are not always cheaper to make they pay off for restaurants. reaction online was swift to the decision to drop the iron token and replace it with a cat. a fan complained the irron was the favorite and another says it the favorite and another says it is about timelet's play: [ all ] who's new in the fridge! our mystery guest: ensure complete... uh...do you support bones? [ ding! ] i've got calcium and vitamin d. oh! immune system. [ ding! ] one word: antioxidants. heart health? [ ding! ] my omega 3s never skip a beat. how 'bout muscles? [ ding! ] i have protein and revigor to protect, preserve, and promote muscle health. [ ding! ding! ding! ] that's a winner! ensure complete! [ female announcer ] the four-in-one nutrition of ensure complete. a simple choice to help you eat right. [ major nutrition ] ensure complete. nu
. >> good morning, topping america's money, signs of a major airline merger, american airlines and us airways close to a deal that could be announced next woo that -- next week that would be the largest airline. and americans are getting smaller portions at restaurants, and they are not always cheaper to make they pay off for restaurants. reaction online was swift to the decision to drop the iron token and replace it with a cat. a fan complained the irron was the favorite and another says...
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Feb 7, 2013
02/13
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WETA
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airways shareholders would likely get a minority stake if they merge with american airlines. stocks of other major air carriers rallied as well. irel ata lines rose 2.7% to a new 52 week high. united continental gained 1.6% to within almost a dollar of a new yearly high. the possibility of online gambling coming to the garden state. new jersey governor chris christ)"Ñpgnounced his support to legalize internet gambling ia his state. if it happens, new jersey would be one of the first states to allow it. that support was enough to get gaming stocks moving up. caesars entertainment jumped 18.6% to its highest price since july. boyd gaming saw a more modest 2.7% rally, but volume more than quadrupled. as erika reported earlier in the program, january retail sales are coming in, but so did a warning from the parent company of ann taylor. ann, as the company is known, warned that its fourth quarter sales and margins will be weak, blaming super-storm sandy, and disappointing products at its loft tores. wshloesarere hit, falling 7.9%. the stock has been trendinges lower since septemb
airways shareholders would likely get a minority stake if they merge with american airlines. stocks of other major air carriers rallied as well. irel ata lines rose 2.7% to a new 52 week high. united continental gained 1.6% to within almost a dollar of a new yearly high. the possibility of online gambling coming to the garden state. new jersey governor chris christ)"Ñpgnounced his support to legalize internet gambling ia his state. if it happens, new jersey would be one of the first...
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Feb 14, 2013
02/13
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KRON
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american airlines name. it will be run by us airways c-e-o doug parker. nes c-e-o tom horton will become chairman. this deal has been in the works since august when creditors forced american airlines to consider a merger. the merge of american and u- s airways will be slightly bigger than united airlines. >> the california company is recalling some baby spinach because it could be contaminated with e-coli. check your fridge before you make that salad. the spinach was sold in several states under five market organics, full circle organic, simple truth organic, marketside organic and taylor farms organic. the company, taylor farms retail, says no illnesses have been reported. >> a developing story. that crippled cruise ship is expected to limp into an alabama port sometime tomorrow. more than 4-thousand people are on board.and it sounds like they're pretty miserable. after an engine room fire four days ago - a power outage has reportedly led to sewage-filled hallways and long lines for food. people who have managed to reach relatives by phone are talking abo
american airlines name. it will be run by us airways c-e-o doug parker. nes c-e-o tom horton will become chairman. this deal has been in the works since august when creditors forced american airlines to consider a merger. the merge of american and u- s airways will be slightly bigger than united airlines. >> the california company is recalling some baby spinach because it could be contaminated with e-coli. check your fridge before you make that salad. the spinach was sold in several...