On Tuesday, Shares of American Airlines Group Inc. (NASDAQ:AAL), gained 1.17% to $40.33.
American Airlines and Qantas Airways plan to significantly expand their joint business by adding new service between the U.S. and Australia. New routes between Los Angeles International Airport (LAX) and Sydney Airport (SYD), operated by American Airlines, and between San Francisco International Airport (SFO) and SYD, operated by Qantas, will provide customers with expanded options when traveling between the two regions.
Through this improved alliance, American will start operating a daily, nonstop flight between LAX and SYD on Dec. 17, 2015, further strengthening its global network and its world-class LAX hub. Starting Dec. 20, 2015 Qantas will start operating service between SYD and SFO, expanding the airlines’ joint network to another key market for business and leisure customers. Services will initially operate on peak days and ramp up to six times per week in January 2016. Pending regulatory approvals, this expansion represents the natural evolution of the partnership between American and Qantas, with revenue-sharing and other agreements that provide the airlines with a platform for closer commercial ties and an even more seamless customer experience on routes between North America and Australia/New Zealand. The closer and more integrated relationship also provides opportunities for future growth into trans-Pacific markets not presently served by either airline, such as New Zealand.
American Airlines Group Inc., through its auxiliaries, operates in the airline industry. As of December 31, 2014, the company operated 983 mainline jets, in addition to 566 regional aircrafts through regional airline auxiliaries and third-party regional carriers. It serves 339 destinations in 54 countries.
Shares of Halliburton Company (NYSE:HAL), declined -0.31% to $45.28, during its last trading session, despite oil prices gained Tuesday on expectations of a sixth straight weekly decline in U.S. crude supplies and a weaker dollar.
Light, sweet crude for July delivery settled up $2, or 3.4%, at $60.14 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, rose $2.19, or 3.5%, to $64.88 a barrel on ICE Futures Europe, according to WSJ.com.
Halliburton Company provides a range of services and products to the upstream oil and natural gas industry worldwide. The company operates through two segments, Completion and Production, and Drilling and Evaluation.
Finally, Ally Financial Inc. (NYSE:ALLY), ended its last trade with 0.22% gain, and closed at $22.61.
After a three month pilot test phase, Ally is officially rolling out its flagship vehicle service contract Ally Premier Protection to dealers nationwide starting this month. The product, which was previewed at the NADA convention in January, features improved benefits for auto consumers, powered by an intuitive and easy-to-use technology platform for dealers.
Dealers who took part in the pilot test were particularly impressed with the easy transition to Ally Premier Protection and the level of training they received from Ally. In a survey of pilot dealers, the vast majority (87 percent) of respondents said that the training they received during the transition to Ally Premier Protection was excellent, and 87 percent said that the overall transition was either “seamless” or “very smooth” with no or few unpredictable interruptions.
Ally Premier Protection is now accessible nationwide for nearly 650 makes and models of new and used vehicles and features new benefits counting expanded coverage eligibility on older and higher mileage vehicles, a disappearing deductible option, and full roadside assistance. On the back end, a cutting-edge technology platform called the Vehicle Protection Center makes the administration and administration of contracts easy and intuitive throughout the contract lifecycle and uses simplified processes to reduce errors and speed transactions. The system features claims integration with virtually every Dealer Administration System, and provides streamlined operations between Ally and dealer F&I and Service departments.
Ally Financial Inc. provides financial products and services primarily to automotive dealers and their customers in the United States. It offers dealer financial services, counting a range of financial services and insurance products to automotive dealers and retail customers.
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