Search Results for: AMRS
AMR filed for Chapter 11 more than seven months ago. Management had harbored hope that the company and its American Airlines operations could emerge as independent operations. AMR has decided to...
Published:
Source: ThinkstockAMR, parent of American Airlines, has moved closer to an exit from Chapter 11 and a possible merger with U.S. Airways Group Inc. (NYSE: LCC), as pilots of the troubled company have...
Published:
The battle between management at bankrupt AMR and the management of US Airways (NYSE: LCC) about a possible takeover of the troubled carrier continues. Public comments by US Airways CEO Doug Parker...
Published:
If you are often in major airports, it is frankly hard to see how the airline carriers still have pressure compared to six to twelve months ago. The airports and planes are full to the point that...
Published:
Last Updated:
(AMR) AMR, the parent of American Airlines, has its shares up as much as 9% pre-market after Business Week noted it could be acquired in their "Inside Wall Street" for $46 to $52 by a...
Published:
There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include AMR Corp. (NYSE: AMR), MoSys Inc. (NASDAQ: MOSY),...
Published:
Faced with higher fuel prices and falling passenger traffic, the airline industry is ailing. There are concerns that some carriers will go bankrupt if the situation does not improve by the holiday...
Published:
Last Updated:
Source: ThinkstockThe CEO of AMR Corp., parent company of bankrupt American Airlines, won’t be getting a $20 million severance package from the company. A bankruptcy court judge in New York...
Published:
Last Updated:
American Airlines, whose parent AMR is in Chapter 11, will use that status, a staple of the industry, to send layoff notices to 11,000 workers. The people who receive the notices can take comfort...
Published:
Source: ThinkstockA federal bankruptcy judge approved the AMR exit from Chapter 11, which includes a merger with U.S. Airways Group Inc. (NYSE: LCC). The same judge declined to put his stamp of...
Published: