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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

    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...
  • Mayors call on Justice Department to drop airline-merger lawsuit

    Mayors call on Justice Department to drop airline-merger lawsuit
    The mayors of six cities and a county with major airline hubs are lobbying the U.S. Justice Department to drop its opposition to a merger of American Airlines and US Airways. The mayors of Charlotte, N.C.; Philadelphia; Dallas; Fort Worth; Phoenix;...
  • Attorney general lays groundwork for airline merger settlement

    If American Airlines and US Airways divest themselves from "key" airports, the U.S. Department of Justice may be willing to drop its challenge to a merger plan for the airlines. That is the word from U.S. Atty. Gen. Eric H. Holder Jr., who said the...
  • 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&...
  • Consumer Confidential: Baggage fees rise, Wal-Mart delivers, Nissan recalls SUVs

     
    Here's your my-boy-lollipop Monday roundup of consumer news from around the Web: --It used to be that you could at least duck some baggage fees charged by airlines if you prepaid online. But apparently that's a perk that's going away.......
  • 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...