Financial History of the American Airlines

Financial History of the American Airlines American Airways was incorporated in 1930, becoming American Airlines in 1934. Operating as a passenger and cargo carrier, they also offer freight and mail services. With 9 hubs functioning throughout the country, they average around $522 million a month. In 1939, they began trading stock on the New York Stock Exchange (NYSE) under the symbol AAL. (Yahoo Finance, November 2013) American Airlines began trading stock publicly on December 9, 2013. In 1970, American Airlines gained its first Caribbean routes, merging with Trans Caribbean Airways. The agreements of the merger were that American Airlines would aid Trans Caribbean in obtaining a total of $10 million in financing. Also, for 100 shares of Trans Caribbean, American Airlines exchanged 17Â  shares. This merger would make for airlines first merger under its current name. (NY Times Archives, 1970.) January 10, 2001, it became public that American Airlines had acquired bankrupt Trans World Airlines (TWA) for $4.2 billion. This transaction made American Airlines the worlds largest airline carrier. American acquired all of TWAs assets, as well as saved the jobs of thousands of TWAs employees by integrating them into their family. (Biz Journals, 2001) In 2003, talks of possible bankruptcy arose for American. Labor unions eventually approved economizing contracts to avoid the bankruptcy, in which employees agreed to accept intense pay cuts in attempts to save the airline. Joy came in 2007, when American reported an annual profit of $231 million for fiscal 2006, its first reporting since around 2000. But, the glory didnt last long, as shareholders announced at their annual meeting that due to soaring jet fuel costs, they would have to lay off thousands of workers, park at least 85 aircraft, cut domestic capacity by 25%, and increase baggage fees and other service offered to customers. An official bankruptcy protection was filed November 29, 2011, after the airline reported a net loss of $471 billion, bringing their total losses to exceed $10 billion since 2001. American had acquired $29.6 billion in debt. Required to run all their future financial decisions across a judges desk, they were permitted to purchase fuel, pay for labor, and other expenditures, to maintain business. In July 2011, they received approval to place the largest plane order in history, buying 460 aircraft from Boeing and Airbus, replacing older planes. The newer models would cut down on fuel and maintenance costs. (Yahoo Finance, 2011) The year of 2012 introduced talks of a merger with US Airways. Agreements were made to exchange financial information so that the companies can research the potential merger. The merger eventually passed February 2013, officially announced on the 14th day of the month, thus the creation of the worlds biggest airline. (Yahoo Finance, 2013) As of December 31, 2015, American Airlines gross profit was approximately $29 billion, with a net operating income of $6.2 billion and a net income of $7.6 billion, all driven by lower fuel costs, American could benefit from the decline on fuel prices. (2015 Form 10-K, AA.com) References American Airlines Investor Information, 2015 Form 10-K. http://phx.corporate-ir.net/phoenix.zhtml?c=117098p=irol-reportsannual History of American Airlines. https://www.aa.com/i18n/customer-service/about-us/history-of-american-airlines.jsp A timeline of events in American Airlines history, November 12, 2013. The Associated Press. http://finance.yahoo.com/news/timeline-events-american-airlines-history-011902886.html American Airlines acquires TWA. December 23, 2001. Biz Journals. http://www.bizjournals.com/stlouis/stories/2001/12/24/focus3.html Koenig, David. November 29, 2011. American Airlines files for bankruptcy protection. https://www.yahoo.com/news/american-airlines-files-bankruptcy-protection-121438848.html

The First Inhabitants of America Essay -- American America History

The First Inhabitants of America The First "Europeans" reached the Western Hemisphere in the late 15th century. Upon arrival they encountered a rich and diverse culture that had already been inhabited for thousands of years. The Europeans were completely unprepared for the people they stumbled upon. They couldn't understand cultures that were so different and exotic from their own. The discovery of the existence of anything beyond their previous experience could threaten the stability of their entire religious and social structure. Seeing the Indians as savages they made them over in their own image as quickly as possible. In doing so they overlooked the roots that attached the Indians to their fascinating past. The importance of this past is often overlooked. Most text or history books begin the story of the Americas from the first European settlement and disregard the 30,000 years of separate, preceding cultural development (Deetz 7). The going theory of the First Americans is the ever-popular land bridge hypothesis, which connected Siberia and Alaska. This is believed to have happened at least twice during the ice ages between 32,000 and 36,000 years ago and, again between 13,000 and 28,000 years ago. This repeated connection took place where the eastern and western hemispheres come the closest to one another. The best illustration that I found explaining the land bridge was the analogy made to a seesaw. On one side being the glaciers and on the other side is sea level. When the glaciers get bigger or "go up" the sea level withdraws or "goes down". Basically when all the earth's water is in the form of snow or ice sea level is lowered. At least 180 feet lower to form that Siberian land connection. Direct proof of this... ... ago, but the way it happened is still uncharted territory". The specific date of the first migration into the Americas is unknown but there was likely more than one. The new discoveries and theories presented have given us a better understanding and more possibilities for the First American then ever before. Bibliography Begley, Sharon. "The First Americans." Newsweek Fall/Win. 1991: 15-20. Begley, Sharon and Andrew Murr. "The First Americans." Newsweek 26 Apr. 1999: 50. Claiborne, Robert. "The First Americans." New York: Time-Life Books, 1973. Dixon, E. James. Quest for the origins of the First Americans. University of New Mexico Press. 1993. Nichols, Johnanna. "The First Americans." Discover Jun. 1998: 24. Owsley, Douglas. "The First Americans." Economist 24 Feb. 1998: 79. Wright, Karen. "First Americans." Discover Feb. 1999: 52.

Promise vs. Duty in Nursing Essay

According to Merriam-Webster Dictionary (1997), the definition of a promise is â€Å"a pledge to do or not to do something specified.† For the sake of not sounding like a bunch of politicians who seldom keep their rhetorical promises, I think we should change the word to something more honorable such as to duty. Duty, according to Merriam-Webster Dictionary (1997) is â€Å"conduct or action required by one’s occupation or position†. That is much more fitting. Promises can be made and broken by individuals. A duty is inherent in the position one holds. Promises are a voluntary commitment. A duty is an ethical standard or obligation that applies to a position or occupation. Dorman and Middaugh, (2009) stated that â€Å"repeated gaps between promises and performance create doubt, distrust, and finally cynicism in the public†. Instilling a sense of duty in a profession is much different. I have a duty to treat patients under my care with dignity and respect. I do not have to promise to do this. It is inherent in my position and I need to do this. This is stated nicely by the International Council of Nurses, (2006) â€Å"inherent in nursing is respect for human rights, the rights to life and choice, to dignity and to be treated with respect†. The public wants care givers with a sense of duty, not a promise. Otherwise we may fall into the same category of politicians that cannot be trusted. I think that this is important in order to maintain the image that nursing currently has as a caring and trustworthy profession (Gray, 1999). Having a sense of duty links directly to the American Nurses Association (ANA) code of ethics as my nursing professional obligation or if you wish, promise to patients, community and society (see Nursingworld.org, Code of Ethics). References Dorman,D., & Middaugh, D.(2009). Promise keeping: do we keep our promises. Medsurg Nursing, 18(1). â€Å"Duty.† The Merriam-Webster Dictionary (1997).Merriam-Webster, Incorporated. Gray,B.B.,(1999). Public opinion poll reveals consumer attitudes about nursing. Nurseweek.com. Retieved from nurseweek.com/features/99-7/hpoll.html International Council of Nurses (ICN) (2006). Retrieved from: http://www.icn.ch/images/stories/documents/about/icncode_english.pdf â€Å"Promise.† The Merriam-Webster Dictionary (1997).Merriam-Webster, Incorporated.

God s Redemptive Plan Advanced By Interstate Battery...

God’s Redemptive Plan Advanced by Interstate Battery System International, Inc. The way a person experiences life in this world varies based on their worldview they have which determines their perspective on life. A business is run from the perspective of those who are the founders and the people who may take over the business how they view the world around them. There is a plethora of organizations that are involved in God’s redemptive plan for all of creation. The redemptive plan for all creation is the final piece of the puzzle of the biblical story about how the devil will be banished forever leaving the world pure for the rest of eternity. The redemptive plan will be finished one day, but according to Matthew 24:36 no one knows the†¦show more content†¦According to Keller (2002), work due to sin can become an idol, pointless, fruitless, lead to alienation, and lead one to seek and to identify with their status or position, a job can bring them in the present life; however, that is not how work is meant to be but rather allow one to use their gifts and abilities while remaining in their own capacities, use work to benefit others and their field of work, and to bring about joy and happiness that one is living out their destiny. The way one views work has the ability to change their whole life since one was meant to work in the first place. Despite that businesses are able to contribute to the redemptive plan all the way down to t he operation of the organization. According to Grudem (2003), all work that is done should be used to glorify God as its end result, some of the examples of this would be giving, preserving resources, using profits to help benefit society as a whole, not taking advantage of others, and et cetera. Businesses are able to participate by operating in a manner that is ethical, demonstrating corporate social responsibility, operating by the guidelines given within the Scripture while following laws and regulations, treating employees and stakeholders with the respect that they deserve while not taking advantage of them, taking responsibilities for any wrong misconduct or accidents that occur while providing a solution to prevent future problems

A Research Lab On The Workplace - 1617 Words

In the workplace, many people will come into contact with clients, colleagues, supervisors, managers, and even board members. These individuals each play a crucial role in order for an organization to succeed. Therefore, it is vital that this large network of people is able to work well together in teams and groups. However, there will be complications and problems when working in groups. A common problem that typically arises in the workplace is the perceived lack of commitment and motivation, resulting in the lack of productivity when conducting group work. From my personal experience, I used to work for a research lab that required to me to work on several experiments and projects with a group of colleagues. My group was responsible for conducting multiple experiments, analyzing the data and publishing results in scientific journals and presentations. However, the group I was placed in lacked leadership with low person orientation and low task orientation. Because there was a lack of leadership, communication was little to nonexistent within the group so groups felt as if they were just independent work alone. Also, there was lack of affective and continuance commitment within the group since my colleagues and I lost purpose of what goals we were working towards in the lab. Therefore, lack of motivation and commitment was prevalent as group members, including myself, did not complete experiments in time and did not have much of a focus of why we were in the research labShow MoreRelatedThe Importance Of Occupational Health And Safety At The Workplace1384 Words   |  6 Pagesassuring the safety and welfare of their employees. The purpose of my research paper is to emphasize on the importance of Occupational Health and Safety at the workplace. About 4/5th of the employed workforce considers health and safety as the number one priority related to their job when compared to wages, sick leaves and other benefits. 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Mexico During The 20th Century - 2359 Words

Mexico in the 20th century The development of Mexico has undergone a lot of issues that have especially occurred during the 20th century. In order for a nation to succeed in the world market it is vital that they are prosperous in the political and economical portion of their nation. This has been an issue for Mexico and can be partially blamed on the leadership as well as the revolutions and wars that have plagued their country. In more detail the leadership of Diaz, the revolution and both World Wars, and the corruption of the Mexican government parties have all been detrimental factors that has stalled the progression of the nation in the early 20th century before the reconstruction that occurred after the Mexican revolution. Mexico has not had many leaders or presidents partly because of the corrupt that has been prevalent in their nation. Unlike America who has a strict two term policy, there is no such enforced rule in Mexico. The first ruler of the 20th century was Porfirio Diaz who ruled from 1877 until 1910. His 34 year term was a strict violation of the Mexican constitution. This upset many people which caused the rise of revolutionary leaders such as Francisco â€Å"Pancho† Villa and Emiliano Zapata whose main intentions where to change the La encomienda system. They were striving for a more modern system that would benefit the people who worked the land instead of keeping the money for the land owners. While Diaz held office for 30 years, which was a clearShow MoreRelatedThe Major Economic Problems That Have Plagued Latin America1497 Words   |  6 Pages1. What are the major economic problems that have plagued Latin America in the 20th century? During the 20th century Latin America went through a change after the U.S made the clam to directly defend Latin America. 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Security Deployment Protect Migration Iaas-Myassignmenthelp.Com

Question: Discuss About The Security Deployment Protect Migration Iaas? Answer: Introduction Webb's Store is a regional retail store based in Australia and New Zealand. They want to increase their market share, hence want to embellish the business activities. Therefore, Webb has decided to move to Cloud (Azam et al., 2013). They have engaged a consultant who will show lights on the various aspects of Cloud Computing and will help them to adopt the cloud technology. The report will highlight the security factors correlated with the migration of their SQL Server database to IaaS cloud framework. The report will showcase the benefits as well as the risks associated with the database, the IaaS framework. The risks associated with backing up of data, storage of data and retrieval of data will be discussed elaborately in this report. Finally, the recommendations have been made on how Webb should adopt the cloud technology. Security deployment to protect this migration of database to IaaS instance Webb's want to move to the cloud and the challenges they will have to face are data breaches, hijacking of accounts, gaining access to APIs, malware attack at the database and the data loss all due to the intruders (Shufeng Xu, 2012). Thus to safeguard the cloud database following measures should be taken- A Proper understanding of the network- The database administrators should know where Webb's sensitive data will be stored and those data should be labelled so that it can be retrieved easily at the time of need. Securing network information- The data stored in the database must have a proper accessing rule that means which data will be accessed by which employee within the Webb. A set of rules must be applied to the customers as well (Azam et al., 2013). The customers will access data and the data to which extent must be set by the administrators that are how they can secure their database. Monitoring of network- Webb must hire a security team, they must act proactively and search for any vulnerabilities all the time as anytime the intruders can attack the database and Webs security can be compromised. Security intelligence technologies- The Security Intelligence and Event Management technologies must be implemented to detect any flaws in the defence system. Proper cryptographic technologies can be used along with that (Dinh et al., 2013). Benefits and issues related to deployment of these security measures Benefits of mitigating those risks- Securing against the DDoS attack- The cloud computing security solutions can secure the system and the database from DDoS attack and thus authenticity and authorization of database and system can be ensured. Security of information- Cloud security solutions can be used to protect Webbs data from all kind of security breaches (Varia Mathew, 2014). iii. Regulatory compliance- Cloud computing solutions help Webb to regulate and maintain the advanced infrastructure thus financial data can be made secure. Flexible solutions- The server crashes can be avoided by escalating cloud solutions, then afterwards when the high traffic gets over, Webb can scale back down to diminish the heavy expenses (Muthui SISAT, 2013). Provide 24x7 services- Webb can provide 24x7 services to the customers for the cloud security solutions. The issue that Webb can face is that they will have to spend heavy for this security solution (Dillon Vossen, 2015). Risks associated with migrating database to the cloud with respect to- The database risks are- Data breaches Webb's customer's personal details and along with that the employees' data can be hacked and the whole company can face huge loss and their reputation will suffer. Account hijacking- The sensitive information can be hijacked by means of phishing and in that case, the security passwords of both the employees and the customers can be at risks (Tsai et al., 2014). Malware attack- The malware attack and the worm attack can make the system and the database vulnerable. The IaaS infrastructure The three risks associated with IaaS Cloud are- Misconfiguration- Since Webb will adopt the IaaS framework they can face the misconfiguration issue, the framework must comply with their existing hardware and software system along with that the network framework. Vulnerabilities- The vulnerability can be managed by Elastic Workload Protector technique via Scan, Prioritize and Remediate (Manvi, Shyam, 2014). Shadow-IT- The Shadow-IT includes using a server that is inactive for a longer period of time, not using dormant resources like Webb using the new cloud server and forget the older one, use of AWS new services which is still in testing mode. Communications between Webbs and their IaaS database in the cloud Webb should adopt the IaaS architecture provided by Amazon AWS, Amazon will provide the hardware and software solutions for Webb. Webb will just need minimal changes in their existing hardware and software solutions to comply with Amazon IaaS cloud framework (Gai, Steenkamp, 2014). Amazon will take care of their data, maintain and upgrade system and database and will provide latest security solutions. Webbs consideration for the use of the Cloud for backup and possibly also for archival of records The risks associated with backing up of data are- Backing up of data requires the bandwidth of the internet that means to upload and download data Webb will need a network having high bandwidth. They have to spend heavy money on bandwidth. Data breaches can occur and Webbs sensitive data can be compromised. iii. Due to server breakdown of the cloud vendor, the data can be lost. Storage of data in the Cloud Data stored can be vulnerable to attack due to transmission of data in an unencrypted network. During operations of data in the cloud they must be stored the files properly, if not properly saved it will be stored as a corrupted file or can be transmitted to the intruders in between (Manvi, Shyam, 2014). Retrieval of data from the cloud The data retrieved from the data may contain virus associated so they must be checked. Requires high bandwidth data to download files faster and to operate. Webbs use of a Cloud backup and its impact on the company The following benefits Webb can enjoy- Webbs database can be scaled in agile and effective manner. It provides profitable cost effective services too. Webb will not have to take heavy administration as the cloud vendor will maintain and update the database (Manvi, Shyam, 2014). Also, Webb does not have to spend money on hardware and software. iii. The cloud vendor, Amazon will provide advanced security solutions so both Webb and Webb's customers will not have to worry about the data breaches. Recommendations to Webb for protecting access to the following services that they want to move to the Cloud Webb should adopt the IaaS architecture provided by Amazon AWS, Amazon will provide the hardware and software solutions for Webb. Webb will just need minimal changes in their existing hardware and software solutions to comply with Amazon IaaS cloud framework (Sharma et al., 2017). Amazon will take care of their data, maintain and upgrade system and database and will provide latest security solutions. So Webb will have to trust Amazon for the protection service. Their Ms SQL Server 2012 R2 cloud instance Amazon RDS for SQL server provides the facility so that Webb can acquire the full capabilities of SQL server for deploying new application programs. Besides that, Webb must implement physical security that means database server hardware and network components must be protected from unauthorised access (Dillon Vossen, 2015). Again, they will have to apply digital encryption keys and certificates for enhanced security of their database. Their Cloud network infrastructure They need to adopt the cloud architecture provided by a cloud vendor, Amazon. They need the latest hardware, latest operating system and latest software-these changes are required to integrate with Amazon cloud architecture (Varia Mathew, 2014). After integration, they can use the cloud server of Amazon to deploy their apps and perform their business activities in a secured manner. Their Cloud backup and restore infrastructure Amazon AWS will back up the data of Webb and will keep track of data stored, modified, retrieved by Webb (Sharma et al., 2017). All these data transmission will be done on a secure channel, thus with the advanced security solutions provided by Amazon AWS, Webb do not have to worry about the data breaches. Conclusion It can be concluded from the above discourse that Webb Store can be largely benefitted if they adopt Amazon AWS framework for enhancing their business operations. The consultant must advise Amazon AWS for the excellent service they offer, and with their latest cloud technology features and advanced web solutions, they are quite ahead of all their competitors. Thus adopting Amazon AWS, Webb can be benefitted both in Australia and New Zealand retail stores. The report has showcased the security factors correlated with the migration of their SQL Server database to IaaS cloud framework. The report has highlighted the benefits as well as the risks associated with the database, and the IaaS framework. The risks associated with backing up of data, storage of data and retrieval of data has been thoroughly discussed in this report. Lastly, the recommendations have been made on how Webb should adopt the cloud technology, how they can be benefitted from Amazon AWS. References Azam, Abdollahzadehgan; Ab Razak Che Hussin; Gohary , Marjan Moshfegh Gohary Mahyar Amini (2013),The OrganizationalCritical Success Factors for Adopting Cloud Computing in SMEs, Journal of Information Systems Research and Innovation (JISRI), Volume 4, Issue 1, pp. 67-74. Dillon, S., Vossen, G. (2015). SaaS cloud computing in small and medium enterprises: A comparison between Germany and New Zealand.International Journal of Information Technology, Communications and Convergence,3(2), 87-104. Dinh, H. T., Lee, C., Niyato, D., Wang, P. (2013). A survey of mobile cloud computing: architecture, applications, and approaches.Wireless communications and mobile computing,13(18), 1587-1611. Gai, K., Steenkamp, A. (2014). A feasibility study of Platform-as-a-Service using cloud computing for a global service organization.Journal of Information Systems Applied Research,7(3), 28. Manvi, S. S., Shyam, G. K. (2014). Resource management for Infrastructure as a Service (IaaS) in cloud computing: A survey.Journal of Network and Computer Applications,41, 424-440. Muthui, M., SISAT, C. (2013). Amazon Web Services. Sharma, P., Lee, S., Guo, T., Irwin, D., Shenoy, P. (2017). Managing Risk in a Derivative IaaS Cloud.IEEE Transactions on Parallel and Distributed Systems. Shufeng Gao Xu, Ai, (2012) Boosting Electronic Business Applications by Digitally Enabling SMBs with Cloud Computing Model, 11th International Symposium on Distributed Computing and Applications to Business, Engineering Science, pp-214-218. Tsai, W., Bai, X., Huang, Y. (2014). Software-as-a-service (SaaS): perspectives and challenges.Science China Information Sciences,57(5), 1-15. Varia, J., Mathew, S. (2014). Overview of amazon web services.Amazon Web Services.