Bank Sues American Airlines Over Refinancing
A trustee for investors owed more than $1.1 billion for notes secured by aircraft is suing American Airlines over the carrier's plan to refinance the debt at lower rates.
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A trustee for investors owed more than $1.1 billion for notes secured by aircraft is suing American Airlines over the carrier's plan to refinance the debt at lower rates.
Pilots at American Airlines will vote again on whether to approve a contract offer from the company, which has been operating under bankruptcy protection for nearly a year.
The Allied Pilots Association board of directors voted late Friday morning to send its 8,000 members the deal in principle struck with American Airlines. The final count was 12-4 in favor of presenting the offer.
Some American Airlines pilots started receiving summaries Tuesday of the new agreement-in-principal the Allied Pilots Association has reached with the company
American Airlines' eight thousand pilots will have to wait to see the details of the deal in principle the Allied Pilots Association worked out with the airline.
One of American Airlines' new cost-cutting measures is causing security concerns at DFW International Airport.
American Airlines' parent company and the union representing pilots inside the airline have reached an 'agreement in principle' Friday afternoon, ending a months-long fight over how the Fort Worth-based airline should go forward.
Millions of people in the northeast are still cleaning up after Superstorm Sandy crashed into the east coast last week. But now the area is bracing for a new storm, this time a nor'easter.
It could be a busy week for American Airlines, with a deal with its pilots union close at hand.
Fort Worth-based American Airlines and Dallas-based Southwest Airlines announced Friday their planes will fly into New York's three regional airports carrying extra jet fuel.
The Allied Pilots Association sent its board of directors home Friday with negotiations on a new labor agreement with American Airlines at an impasse. Sources with knowledge of the negotiations said both sides were locked on the issue of what pilots call outsourcing.
The Communication Workers of America, the union seeking to represent customer-service agents at American Airlines, said that dates for an election have been set.
American Airlines has settled lawsuits against Sabre in a fight over who would control distribution of information about flights and fares. The settlement was announced Wednesday.
The contract dispute between American Airlines and its pilots may soon be over. But that didn't stopping some pilots from taking their case directly to travelers Wednesday.
Hurricane Sandy hasn't made landfall yet but the storm is already having an impact on travelers.
As the eastern seaboard prepares for landfall of Hurricane Sandy, many people in North Texas are making preparations to help out.
American Airlines and the Allied Pilots Association appear close to a deal on a contract.
Hundreds of American Airlines mechanics, stock clerks and other workers who are represented by the TWU are receiving notices Thursday morning, and this week they could lose their jobs.
American Airlines announced today that it is adding a number of new services to its' domestic and international schedules with DFW playing a key role.
Bad news for American Airlines pilots in September often turned into instant bad news for passengers, based on a review of performance data released by Marks Systems' masFlight.
The head of the pilots' union says the latest delay in American Airlines' bankruptcy case increases the chances that the company will be taken over, presumably by US Airways.
Despite recent negative headlines involving loose seats, flight delays and cancellations, the Fort Worth-based carrier says it made a $110 million profit in the third quarter.
American Airlines parent company AMR said Wednesday that it lost $238 million in the third-quarter on employee severance costs and other charges related to its bankruptcy.
The CEO of American Eagle says he expects that the regional affiliate of American Airlines will still be sold or spun off as a separate company after American emerges from bankruptcy protection.
American Airlines says it will do repairs on 49 more planes to prevent the seats from coming loose during flight.
