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AMR Corp.

A collection of news and information related to AMR Corp. published by this site and its partners.

Top AMR Corp. Articles

Displaying items 12-22
  • American Airlines' former CEO gets $17-million severance package

    American Airlines' former CEO gets $17-million severance package
    Thomas Horton, who was American Airlines' chief executive when its parent company filed for bankruptcy, will get his severance package valued at about $17 million. That was among the first decisions made by the new American Airlines after it emerged...
  • American Airlines CEO to get $17-million severance package

    American Airlines CEO to get $17-million severance package
    The chief executive who led American Airlines through bankruptcy and a major merger will get a severance package valued at about $17 million. That was among the first decisions made by the new American Airlines after it emerged from bankruptcy Monday...
  • Will Malaysia Airlines survive the loss of Flight 370?

    Will Malaysia Airlines survive the loss of Flight 370?
    Even before the disappearance of its Boeing 777, Malaysia Airlines faced financial turbulence and stiff competition from low-cost carriers in Asia. Still, airline experts say Malaysia's flagship carrier could survive the economic blow of the disaster by...
  • Airline, airport officials talk about impact of American- US Airways merger

    My colleague Ken Kaye reports of the local impact of the pending merger. How will passengers at South Florida’s local airports be affected by the merger? Initially, they’ll see almost no changes at all, as airline officials anticipate it...
  • American Airlines parent loses $1.7 billion, to cut 1,200 jobs

    American Airlines parent loses $1.7 billion, to cut 1,200 jobs
    Bankruptcy is bringing income down at American Airlines Inc. parent AMR Corp., as restructuring costs pushed the company into a $1.7-billion loss for the first quarter. Without the $1.4-billion bankruptcy burden, AMR said its loss would have been $248...
  • AMR, American Airlines file for bankruptcy

    AMR, American Airlines file for bankruptcy
    American Airlines and its parent company AMR Corp filed for bankruptcy Tuesday after failing to win a labor deal with pilots and suffering from mounting fuel costs. AMR had been the only major U.S. carrier to avoid bankruptcy in the past decade. Its...
  • American Airlines bankruptcy: 'Business as usual' for passengers

    American Airlines bankruptcy: 'Business as usual' for passengers
    The parent company for American Airlines, the nation's third largest carrier, filed for bankruptcy, citing high labor costs and a volatile economy. American Airlines, the largest carrier at Los Angeles International Airport, and a carrier at Bob Hope...
  • Plane that veered off runway made emergency landing day before

    Plane that veered off runway made emergency landing day before
    Just a day after American Eagle mechanics gave a clean bill of health to a plane that had made an emergency return to O’Hare International Airport due to a landing gear problem, the same aircraft was forced to turn around in flight and land at O&...
  • Indictment reveals insider-trading charges against Rajat Gupta [Updated]

     
    Prosecutors unsealed an indictment detailing insider-trading charges against one of the kings of American finance, Rajat Gupta, who surrendered to authorities earlier Wednesday morning. A grand jury charged Gupta, the former head of the McKinsey & Co....
  • American Airlines bankruptcy: 'Business as usual' for passengers

     
    The parent company for American Airlines, the nation's third largest carrier, filed for bankruptcy, citing high labor costs and a volatile economy. American Airlines, the largest carrier at Los Angeles International Airport, sought to assure passengers...
  • Only fliers are safe in American Airlines bankruptcy

     
    American Airlines has filed for bankruptcy protection; the impact depends upon one's perspective. For most fliers, the American Airlines bankruptcy should have little immediate impact....