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FORT WORTH, Texas, Oct. 21 /PRNewswire-FirstCall/ -- AMR Corporation (NYSE: AMR), the parent company of American Airlines, Inc., today reported a net loss of $359 million for the third quarter of 2009, or $1.26 per share. The results include the impact of approximately $94 million in non-recurring charges related to the sale of certain aircraft and the grounding of leased Airbus A300 aircraft prior to lease expiration. Excluding those non-recurring charges, the third quarter 2009 loss was $265 million, or $0.93 per share. The current quarter results compare to a net profit of $31 million for the third quarter of 2008, or $0.12 per diluted share, which included a $432 million gain from the sale of American Beacon Advisors and $27 million in one-time severance and aircraft charges related to capacity reductions. Excluding those one-time items, the Compa... (more)

Broadband Saves Entrepreneurs More Than $16,000

WASHINGTON, DC -- (Marketwire) -- 04/18/12 -- When pursuing the American dream of starting a business, new entrepreneurs save $16,550.52 with high-speed broadband Internet, according to the report "Start-Up Savings: Boosting Entrepreneurship through Broadband Internet" today released by the Internet Innovation Alliance (IIA) and the Small Business and Entrepreneurship Council (SBE Council). The analysis looks at the top 10 ways broadband creates significant savings for a solo-entrepreneur -- not only during the start-up phase but also in yearly savings. "Entrepreneurs fuel the economy and job growth," said Karen Kerrigan, President and CEO of SBE Council. "Fostering U.S. innovation, particularly in the technology sector, is critical to ensuring our country's continued global leadership and economic competitiveness. Broadband connectivity, particularly through mobil... (more)

American Express Global Business Travel Cultivates Connections and Communication with New Tools and Services for Corporate Travelers and Travel Managers

American Express Global Business Travel (“GBT”) today announced new servicing and technology tools and platforms that foster stronger connections and enable smarter communications with travelers and travel managers. Central to these solutions is GBT’s focus on interacting with business travelers when and how they want to be reached, and ensuring a seamless experience from trip planning and booking to traveler care in the case of a disruption. The solutions announced today include the launch of First from American Express Global Business Travel and major enhancements to GBT’s existing AX CONNECT product and TripCase integration. “There is no question that global commerce is at an important nexus, with strong groundswells of consumerization and globalization shaping the demands of our customers and changing the way all businesses do business,” said Bill Glenn, Presid... (more)

Astro-Med Reports Record Revenue and Improved Margins in Second-Quarter FY15; Board of Directors Declares Regular Cash Dividend

Astro-Med, Inc. (NASDAQ: ALOT), a leading manufacturer of specialty high-tech printing systems and data acquisition products, today reported net sales of $22.4 million for the three months ended August 2, 2014, an increase of 30.1% from the same period a year earlier. Net income for the three months ended August 2, 2014 was $1.4 million, or $0.18 per diluted share, compared with net income of $696,000, or $0.09 per diluted share, for the same period a year earlier. For the six months ended August 2, 2014, Astro-Med reported net sales of $43.1 million, an increase of 32.0% over the prior year. The Company reported net income of $2.6 million equal to $0.33 per diluted share. During the Company’s six-month period of the prior year, net income on a GAAP basis was $247,000, equal to $0.03 per diluted share, which includes a reserve established to address a non-compliant... (more)

Delta and Seahawks Select 12 Deserving Fans to Attend Divisional Playoff Game Against Panthers

SEATTLE, Jan. 9, 2015 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) has teamed with the Seattle Seahawks to select 12 deserving fans and their guests to attend Saturday's NFC Divisional Playoff Game between the Seahawks and Carolina Panthers. The fans, six of whom are local and six others from outside of the state of Washington, were selected from various groups within the Seahawks' fan base – including fan clubs, kid's clubs, military relations and community groups – for their strong support of the Seahawks. Delta, the official airline of the Seahawks, is providing travel and accommodations for the fans from out of town. The fans include: Clinton Romesha, Minot, N. D. – U.S. Army Staff Sgt. Clint Romesha (Ret.) was awarded the Medal of Honor by President Obama in 2013 for bravery and valor while serving his country in Afghanistan in 2009. He lives in Minot, N.D., ... (more)

Katerina Moutsatsos, Kayikci and SOA World

After almost three months of traveling, I returned home today. When I flew around the island before I touched down, it was one of the most beautiful November days in the Caribbean. I had left home Labor Day weekend and traveled through Greece and Italy for most of October. It was one of the best seasons in Athens and Capri. Last Tuesday I was on a Turkish Airlines flight from Istanbul to New York. They must have bought new planes, still Airbus but with a personal entertainment system on every seat with huge plasma touch screens - beats JetBlue big time. This flight is almost 12 hours. For a 36-hour stay in Istanbul, you better try your best to rest before you land in JFK, otherwise the remainder of your day will be completely shot. After going through "Two and Half Man" and the rest of the TV sitcoms, all popular movies including Oceans 13, I continued playing aroun... (more)

Is a Private Cloud Worthwhile?

Much discussion in the cloud computing world has focused on a simple question: Is a private cloud infrastructure worthy of the name? It's been posed in many ways, with some going so far as claiming that there is no such thing as a private cloud. Although discussions like these are all too common in many areas, the question really amounts to little more than counting angels dancing on pin heads. The key issue is whether private cloud-style infrastructure can deliver real benefits like public clouds can. First, let's set out some definitions: The draft NIST definition, perhaps the best we have at this point, states that "Cloud computing is a pay-per-use model for enabling available, convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications, services) that can be rapidly provisioned and rel... (more)

JetBlue Embraer ERJ-190 Flight From Chicago to New York JFK

http://twitter.com/fuatkircaali I see Simon Hradecky, the site editor of The Aviation Herald (www.avherald.com) reported this a few hours ago, about our JetBlue emergency landing experience on Saturday, November 21. "A JetBlue Embraer ERJ-190, registration N279JB performing flight B6-904 from Chicago O'Hare, IL to New York JFK, NY (USA) with 64 passengers and 4 crew, was on final visual approach to JFK's runway 31R descending through 2000 feet, when the crew reported they needed to abort the approach due to a slat/flap indication. The airplane climbed back up to 3000 feet and was vectored to allow the crew troubleshoot the problem. The crew requested the longer runway 31L and advised, their approach speed would be "a little bit higher" and requested the emergency services on standby and subsequently declared emergency due to an abnormal flaps indication. The airpla... (more)

Managed IT Enhances JetBlue Business Model

New York-based JetBlue Airways created an airline focused on value, service and style. They've proven to be a trailblazer in the U.S. airline industry. They're also a communication technology early-adopter. JetBlue introduced complimentary in-flight e-mail and instant messaging services on their aircraft -- a first among U.S. domestic airlines. However, their core competency is centered upon air travel. They out-task the rest to service providers, wherever possible. JetBlue signed a new, six-year strategic agreement with Verizon Business to manage the airline's information technology ( IT) data center and communications network needs, as well as provide security and IT consulting services. Built on an IP Network Foundation Verizon Business will design and manage the transition of JetBlue's existing systems to a new global IT network infrastructure. The newly built Int... (more)

Cloud Brokerage: The Immovable Asset Becomes Movable

This is Part IV in a series by 6fusion Co-founder and CEO John Cowan on the emerging trend of Cloud Brokerage and the impact it will have on the technology industry and markets. Be sure to check out Part I of the series here, Part II here, and Part III here. The IT industry to me looks a lot like the commercial airline industry did many years ago and I think the latter is rife with lessons about the power of a true commodity market. For those of you keeping score, late last year American Airlines’ parent AMR declared bankruptcy.  The Chapter 11 filing of the once largest airline in the world brought to a conclusion the era of disintegration for the legacy commercial airline market.  You can argue about the principal cause for the airline industry’s demise, but ultimately it came down to the fact that the market leaders in the industry refused to adapt to the changes... (more)

The State of the Internet Past and Present

Kudos to JESS3 - a creative agency that specializes in web design, branding and data visualization - for this excellent ‘State of the Internet’ presentation. When you take a step back and consider the mind boggling numbers presented throughout this vid, you realise just how far we’ve come since Nicholas Negroponte of MIT Media Labs said back in ‘97 that “the internet was the most overhyped, underestimated phenomenon in history.” Hindsight is a wonderful thing but how must the guys at Newsweek feel when they look back through their archives and read this piece from Clifford Stoll, published in the magazine on February 27th 1995. “After two decades online, I’m perplexed. It’s not that I haven’t had a gas of a good time on the Internet. I’ve met great people and even caught a hacker or two. But today, I’m uneasy about this most trendy and oversold community. Visionar... (more)