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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 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...
  • U.S. sues to block American Airlines-US Airways merger

    U.S. sues to block American Airlines-US Airways merger
    After years of airline mergers that have dramatically reduced choices for travelers, the U.S. Justice Department has sued to halt what would be the largest airline marriage in U.S. history. The Justice Department joined six states and the District of...
  • Airlines' attorneys eager to fight U.S. over merger

    Airlines' attorneys eager to fight U.S. over merger
    A day after the U.S. Department of Justice sued to block the mega-merger of American Airlines and US Airways, attorneys for the carriers called the legal challenge weak and said they are looking forward to battling the government in court. The Justice...
  • By catering to 'elite' fliers, American Airlines misleads others

    By catering to 'elite' fliers, American Airlines misleads others
    Do airlines deliberately withhold seats until the last minute to get you to splurge on pricier options? Along the same lines, do airlines create a false impression that a flight is rapidly selling out so you'll jump on any seat available, no matter...
  • 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....
  • American Airlines' parent company owns $30-million town house

     
    Despite filing for bankruptcy last month, the parent company of American Airlines owns a $30-million apartment in an upscale London neighborhood, according to bankruptcy documents. And the flight attendants that work at the bankrupt airline are seeing...
  • 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.......
  • American Airlines parent AMR Corp. reports fourth-quarter loss

     
    Sometimes when you lose, you actually win. That is the way the parent company of American Airlines is portraying its loss of $69 million, or 29 cents a share, for the last three months of 2010. AMR Corp. noted that......
  • 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...