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Tag Archives: American Airlines

American & USAir Merge

usair and american

After months of negotiation, Doug Parker, CEO of the US Airways announced that US Air and American have agreed to  merge together creating the largest airlines in the world. The two companies agreed to an $11 billion deal allowing the American parent AMR to avoid bankruptcy. The combined carrier will be called American Airlines and be based in Fort Worth ...

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American Airlines' Parent Company Files Bankruptcy

This just in from (CBS/AP) DALLAS – American Airlines’ parent company, AMR, filed for Chapter 11 bankruptcy this morning. American lost $868 million during the first nine months of this year, and was the only major U.S. airline to lose money last year. AMR Corp. and AMR Eagle Holding Corp. says they filed voluntary petitions to reorganize. It says ...

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