American Airlines Stories
AMR to seek termination of union contracts: Bloomberg
AMR Corp , the bankrupt parent of American Airlines, will ask a U.S. bankruptcy court to reject nine collective bargaining agreements with unions, after failing to secure cost-cutting concessions from its labor groups, Bloomberg News reported on Wednesday.
US Airways Buys Domain Names, Hinting At Merger With American
US Airways, the fifth-biggest U.S. airline by traffic, has registered a slew of internet domain names that suggest a merger effort with bankrupt American Airlines is imminent.
JetBlue Airways Traffic Jumps 17.4% in February
JetBlue Airways Corp. (NASDAQ: JBLU) saw its airline traffic jump an astounding 17.4 percent in February, the company announced Monday in a press release.
American Airlines Flight Attendant 'Screaming Bloody Murder' Amid Bankruptcy Troubles
Is bankruptcy stressing out the American Airlines crew? A Friday flight from Dallas to Chicago was delayed when a disgruntled flight attendant began ranting about bankruptcy, plane crashes and terrorist attacks over the intercom system.
AMR proposes to freeze pensions of some workers
AMR Corp , the bankrupt parent of American Airlines, proposed a plan to freeze the pensions covering many of its workers rather than terminating them and leaving them to government insurers, which in many cases would result in lower payouts.
Pentagon Report: Remains of 9/11 Victims Treated as Biomedical Waste and Dumped in Landfill
AP stated that around 20,000 body parts were recovered from the World Trade Center that was struck by a hijacked plane nearly eleven years ago. Most of the remains were sent to Fresh Kills landfill on Staten Island the following year. Some remains of those who died when American Airlines Flight 77 crashed into the Pentagon site were buried at Arlington National Cemetery in 2012.
American Airlines aims to bolster routes, fleet
Bankrupt American Airlines aims to boost revenue by $1 billion annually by beefing up its international routes and fleet to lure more well-heeled business travelers, the company said on Tuesday.
LeBron James Makes a Young Fan Cry in Courtside Crash [VIDEO]
LeBron James made a young fan cry on Sunday night, but not tears of joy because of the 90-78 win by Miami Heat over Orlando Magic in Miami, rather for landing on top of them while they were seated courtside at American Airlines Arena.
Air Australia Collapse: How It Happened
The convoluted path of Air Australia, which is less than four months old and operated on a leased fleet of five aircraft, is being framed as a case study in which corporate hubris and a hands-off approach from corporate regulators combined to deliver a spectacular demise.
Zynga Falls on Sluggish Paying Players Outlook
Zynga Inc shares fell 7 percent in premarket trade, suggesting investors were wary of the social game maker's weak bookings outlook and expensive valuations, and at least three brokerages downgraded the stock.
Southwest & Delta's New Marketing Strategy: Flash Mobs [VIDEOS]
Both Southwest and Delta Airlines released flash mob videos this week. Consider this a warning: the next time you go to the airport, wander the terminal, and get on a plane, know that you are walking into flash mob territory.
Creditors Prod American Airlines to Consider Merger
Some American Airlines unsecured creditors increasingly feel the bankrupt airline should explore a deal with US Airways Group or another carrier, after hearing parent company AMR Corp's plan to remain independent, people familiar with the situation said.
U.S. Air Force Buys 18,000 Apple iPads to Replace Flight Bags
Following the precedent set by commercial airliners in December 2011, the U.S. Air Force plans to buy up to 18,000 iPads for its Air Mobility Command (AMC), replacing heavy flight bags with light and efficient Apple iPad 2s for the crews that fly cargo aircrafts.
TSA Rolls Out Faster Airport Screening Program
The United States Transportation Security Administration (TSA) is testing out a new program that will allow passengers to speed through security screenings at airports. But to get through, they must volunteer background information about themselves prior to the security checkpoint. Those who comply will be allowed to pass through without removing shoes, jackets and valuables. The program, which has screened 336,000 passengers over several months of testing, will operate in 28 of the nation's ...
Kingfisher Airlines Puts Plans to Join Oneworld Alliance on Hold
Kingfisher Airlines Ltd has put on hold plans to join the global oneworld alliance, in the latest blow to the financially troubled carrier.
Will Smash splash or crash for NBC?
NBC's new musical drama Smash could hardly have a stronger pedigree: Idea by Steven Spielberg, songs by award-winning Broadway producers, stars including Anjelica Huston and Debra Messing, and screen icon Marilyn Monroe holding the whole show-within-a show together.
Dow, S&P 500 Rise on Strong Consumer Confidence
The Dow and S&P 500 advanced for a second day on Tuesday as stronger-than-expected consumer confidence data and hopes for further progress on a solution to Europe's fiscal mess bolstered sentiment.
AMR Wants to Cut 13,000 Jobs, End Pensions
AMR Corp, the parent of bankrupt American Airlines, wants to slash 13,000 jobs and terminate employee pension plans as part of a cost-cutting strategy the carrier says is necessary to compete with rivals.
AMR to seek $2 billion in cost cuts
AMR Corp , the bankrupt parent of American Airlines, wants to slash costs by more than $2 billion annually, with more than half the savings coming from employees, the company said on Wednesday.
AMR Corp may cut up to 14,000 jobs to trim costs
AMR Corp, the bankrupt parent of American Airlines, may slash between 12,000 and 14,000 jobs as part of a bankruptcy cost-cutting strategy the carrier says is necessary to compete with rivals.
Bankrupt American Airlines Could Cut 14,000 Jobs
AMR Corp.'s American Airlines will work to drastically reduce costs by more than $2 billion annually, the company said Wednesday, with a heavy portion of those cuts resulting from a reduction in labor costs.
AMR Corp wants to slash thousands of jobs
AMR Corp, the bankrupt parent of American Airlines, may slash between 12,000 and 14,000 jobs as part of a bankruptcy cost-cutting strategy the carrier says is necessary to compete with rivals.
U.S. Expands Case against Ex-Goldman Director Rajat Gupta
Federal prosecutors expanded their insider trading case against former Goldman Sachs Group Inc director Rajat Gupta on Tuesday, saying the illegal activity lasted longer and involved more trades than alleged.
U.S. agency: AMR will seek to end worker pensions
The Pension Benefit Guaranty Corp, which has responsibility for insuring certain benefits under private defined benefit pension plans, said on Tuesday it believes American Airlines will seek to terminate employee pensions in bankruptcy.
Pension Agency Says AMR Will Seek to End Worker Pensions
The U.S. Pension Benefit Guaranty Corp, which has responsibility for insuring certain benefits under private defined benefit pension plans, said on Tuesday it believes American Airlines will seek to terminate employee pensions in bankruptcy.
Top After Market NYSE Gainers (RENN, RLD, LCC, KMR, GDOT, MED, HEK, MGA, KWK, GCI)
The top aftermarket NYSE gainers Friday were: Renren, RealD, US Airways Group, Kinder Morgan Management, Green Dot Corp, Medifast, Heckmann Corp, Magna International, Quicksilver Resources and Gannett Co.
World’s Worst Airport Terminals [PHOTOS]
What are the world’s worst airport terminals? Here’s a hint: five of them are in the U.S.
Alec Baldwin offers Flying Tips, Proposes In-flight Words With Friends System for American Airlines
Alec Baldwin offers tips for flyers and says he'll fly American Airlines again under one condition: they must institute an in-flight Words With Friends gaming system and quit playing crappy NBC sitcoms.
Delta, US Air beat Street views on higher fares
Delta Air Lines and US Airways Group reported much stronger-than-expected fourth-quarter results on Wednesday as both carriers raised fares, offsetting a surge in fuel prices.
Delta Diverts Polar Flights Due to Solar Storm
Delta Air Lines was diverting some flights on polar routes between Detroit and Asia to avoid disruptions to aircraft communications by a strong solar radiation storm, the airline said on Tuesday.