AMERICAN MAKES PROGRESS WITH TRANS-ATLANTIC PARTNERSHIP

AMERICAN AIRLINES IS MAKING PROGRESS ON ITS TRANS-ATLANTIC VENTURES WITH BRITISH AIRWAYS AND IBERIA THAT WERE APPROVED LAST YEAR, BUT IT'S NOT AS FAST AS THE CARRIER ANTICIPATED.  HOWEVER, EXECUTIVES SUCH AS DELTA AIR LINES AND UNITED CONTINENTAL HAVE SAID THEIR INTERNATIONAL PARTNERSHIPS HAVE TAKEN SOME TIME TO COME TO FRUITION AS WELL.

INTERCONTINENTAL POSTS

INTERCONTINENTAL POSTS STRONG Q3 GROWTH IN U.S. OPERATIONS REVENUE PER AVAILABLE ROOM AT INTERCONTINENTAL HOTELS GROUP'S U.S. OPERATIONS CLIMBED 9.5% IN THE THIRD QUARTER, PUSHED UP BY CONTINUING DEMAND IN LEISURE AND BUSINESS TRAVEL SHARES FOR THE COMPANY ROSE BY AS MUCH AS 2.9
% IN MONDAY'S TRADING BEFORE SETTING TO AN INCREASE OF 0.9% AT MID MORNING.   THOMSON REUTERS I/B/E/S ESTIMATES INTERCONTINENTAL'S OPERATING PROFITS FORE 2011 AT ABOUT $520 MILLION.

JAMESON INN AFFILIATE FILES FOR BANKRUPTCY TO AVOID FORECLOSURE

BUDGET HOTEL CHAIN JAMESON INN PLACED AN AFFILIATED ENTITY IN CHAPTER11 BANKRUPTCY TO THWART A PLANNED FORECLOSURE BY COLONY CAPITAL.  THE ENTITY WAS FORMED TO PROVIDE A $40 MILLION MEZZANINE LOAN FOR JAMESON.  JAMESON DEFAULTED ON THE LOAN ON AUG.9 AND COLONY ORDERED A FORECLOSURE ACTION.

FRIEGHT TRAFFIC

FRIEGHT TRAFFIC SHOWED "MIXED RESULTS", SAY AAR  THE VOLUME OF INTERMODAL TRAFFIC DURING THE WEEK ENDING OCT.15 ROSE 3% FROM YEAR-AGO LEVELS WHILE FRIEIGHT CARLOAD TRAFFIC REMAINED TRAFFIC REMAINED FLAT, ACCORDING TO AAR. SLIGHTLY MORE THEN HALF THE CARLOAD COMMODITY GROUPS SHOWED INCREASES.RAILWAY AGE.COM (10/20) CHEMICAL WEEK (10/20).