AMR News

A nearly $20 million severance package for AMR Corp. chairman and CEO Tom Horton may yet become a major stumbling block to AMR and American Airlines' plan to exit bankruptcy.

Citigroup Inc. asked the judge overseeing American Airlines' bankruptcy to force the carrier to decide by July 2 whether to retain the bank's partnership in its loyalty credit-card and mileage program or risk a multibillion- dollar claim.

A plan by American Airlines' parent to exit bankruptcy and merge with US Airways Group is coming under fire from the U.S. Department of Justice over nearly $20 million in severance pay earmarked for outgoing boss Tom Horton.

What a difference 6 months makes! Not long ago, AMR Corporation , parent company of American Airlines, was a penny stock on the pink sheets headed for a slow and seemingly inevitable death.

AMR Corporation is working with American Red Cross through American Airlines and American Eagle to help the people ho have been affected by the tornadoes that struck Oklahoma.

Since the merger with US Airways was announced, the Fort Worth-based carrier's shares have soared over 400 percent to $6.55. Usually, common stock is considered worthless after a company enters bankruptcy because shareholders are often wiped out when the company restructures.

American Airlines'parent company, AMR Corp., and US Airways want authorization for more shares of stock than it had originally proposed as part of its merger agreement.

American Airlines has agreed to pay $24.9 million to settle $162 million in potential fines that were proposed by U.S. safety regulators.

The merger between American Airlines and US Airways has been officially approved by the U.S. Bankruptcy Judge handling the bankruptcy of American's parent company AMR Corp.

U.S. Bankruptcy Judge Sean Lane on Friday made official a ruling he gave from the bench March 27, signing an order approving the merger of US Airways Group Inc.

AMR Corporation is making plans to start its services for the Incheon city of South Korea.

American Airlines is seeking bankruptcy-court approval for its plans to integrate its union workers with those of US Airways Group Inc.

American Airlines has agreed to pay $24.9 million to settle $162 million in potential fines that were proposed by U.S. safety regulators.

AMR Corp., the airline merging with US Airways Group Inc., won a judge's approval to borrow as much as $3.25 billion as it moves toward exiting bankruptcy.

American called the payment "a reasonable resolution" to the Federal Aviation Administration's claims that it had violated safety regulations involving electrical wiring on planes and other issues.

American Airlines Inc. asked the U.S. Bankruptcy Court in Manhattan to approve a settlement agreement with U.S. Bank National Association.

's stock had its "corporate" rating reaffirmed by research analysts at FinnCap in a report released on Thursday, Analyst Ratings Network.com reports.

AMR Corp. , parent of American Airlines and American Eagle , said international travel to Latin America increased 4 percent in April, but saw an overall decline in traffic in its other markets.

AMR Corp. said its consolidated passenger traffic declined 1.1 percent in April as the Fort Worth-based carrier increased capacity by 0.4 percent.

The companies announced in February that they planned to merge and create the world's biggest airline.