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December 16, 2013

Monday Midday Must-Reads

-While North Texas has been celebrating that it is now home to the largest airline in the world (everything's bigger in Texas, right?), Arizona has not been as excited about the merger of American Airlines and US Airways. Arizona Repbulic's Dawn Gilbertson wrote this article, pointing out that Greater Phoenix is losing one of its few Fortune 500 companies.

-Cantor Fitzgerald and American Airlines have settled the lawsuit related to the business losses the investment firm experienced from the terrorist attacks of September 11. Cantor Fitzgerald had sued the airline in 2004, seeking $1.1 billion in damages for negligence in failing to stop the hijackers. The settlement needs to be approved by the court, according to this Reuters article.

-And count Southwest Airlines CEO Gary Kelly as one of those who doesn't want to have cell phone calls allowed during flights. Kelly told the Wings Club in New York last week that 60 percent of customers in the airline's surveys "totally oppose" the calls, Fox News said.

-Andrea Ahles

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