AMR Posts $135 Million Profit In July
The parent of American Airlines has posted a July net income of $135 million. AMR said Monday that it would have made more if not for bankruptcy expenses of $54 million.
Watch CBS News
The parent of American Airlines has posted a July net income of $135 million. AMR said Monday that it would have made more if not for bankruptcy expenses of $54 million.
The pilot's union says it will hold a strike vote if American Airlines throws out its labor contract in bankruptcy court.
American Airlines is going back to court to throw out its contract with union pilots after making changes to satisfy the bankruptcy judge. If it wins in court, American could cut annual spending on pilots by more than $300 million.
A federal bankruptcy judge is blocking American Airlines from temporarily setting pay and contract rules for its pilots.
The Allied Pilots Association has forced out its president hours after pilots overwhemingly rejected the last, best contract offer from American Airlines.
The FBI has swept the American Airlines M-D 80 twice and agents say there were no hazardous materials found on the plane.
In a crushing blow to American Airlines' management, pilots have overwhemingly rejected the carrier's last, best contract offer.
Two weeks of voting comes to an end Wednesday as pilots for American Airlines make a decision on the company's best and final contract offer.
The owner of British Airways and Iberia said that it is considering taking a stake in American Airlines. "It is something we would consider," an IAG spokeswoman said.
American Airlines expects to lay off 40 cargo workers at DFW Airport next month. The airline has linked the job losses to the company's attempt to restructure under bankruptcy protection.
The FAA is seeking $162.4 million in penalties from American Airlines parent company AMR for alleged safety violations, the largest of which dates back to 2010.
The Allied Pilots Association is telling its members that advisers recommend they approve American Airlines' last, best contract offer.
The owner of British Airways and Spanish airline Iberia is considering taking a stake in American Airlines.
The vice president of the American Airlines flight attendants union urged members to approve the airline's last, best contract offer. Flight attendants are currently in the process of voting.
American Airlines will begin selling a preferred-seating option on discount travel website Priceline.com
American Airlines CEO Tom Horton wants to set the record straight: It was he who approached US Airways CEO Doug Parker about the possibility of combining the two airlines, not the other way around.
American Airlines said that it will become the first U.S. airline to put lie-flat seats in new planes used on transcontinental flights, between New York and California.
merican Airlines' flight attendants union, the Association of Professional Flight Attendants, has decided to send the airline's last, best offer to its members.
The CEOs of American Airlines parent company and US Airways are talking to each other about potential merger scenarios. AMR Corp. CEO Thomas Horton and US Airways' Doug Parker met Thursday over breakfast.
US Airways CEO Doug Parker is travelling the country telling anyone and everyone that this is the right time for his airline to merge with Fort Worth-based American Airlines.
AMR said Wednesday that it narrowed its second-quarter loss to $241 million, mostly because of $230 million in costs tied to its bankruptcy restructuring. A year ago, it lost $286 million.
US Airways says it is now a creditor of American Airlines parent AMR Corp., the company it's trying to force into a merger.
AMR, the parent company of American Airlines, is now considering merger options according a two-page letter to employees from CEO Tom Horton. The announcement came on the same day two work groups from the Transport Workers Union announced that a tentative agreement had been reached with AA on a new contract.
The parent company for American Airlines will resume negotiations with maintenance workers and store clerks on Monday in hopes of coming to a consensual deal.