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September 09, 2013

Monday Midday Must-Reads

-The merger between United Airlines and Continental Airlines hasn't been as smooth as executives had predicted back when the deal was closed in 2010. This Denver Post article says labor inefficiencies plague the airline as its labor groups still operate under separate contracts.

-Delta Air Lines will be rejoining the S&P 500, sending airline stocks into a rally, according to this Bloomberg article. The addition to S&P will come after the market closes on September 10 and "will prompt money managers to shift holdings to match the index," the article says.

-Nine people who worked at Dallas/Fort Worth Airport were arrested on Friday for allegedly stealing and reselling employee parking placards. The placards allow access to the employee parking lots at the airport. Eight of the employees were with the Transportation Security Administration and one was a worker at American Eagle Airlines, my colleague Bill Miller reported in this Star-Telegram article.

-Andrea Ahles

 

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