The CEO of American Eagle says he expects that the regional affiliate of American Airlines will still be sold or spun off as a separate company after American emerges from bankruptcy protection.
While the fate of negotiations between AMR and pilots for American Airlines remain up in the air, the company has reached a deal with pilots for regional carrier American Eagle.
The pilots’ union at American Airlines is moving to resume stalled contract negotiations with the carrier.
American Airlines parent AMR Corp. said Thursday that it lost $82 million in August, the tail end of the key summer travel season.
American Airlines is sending layoff warning notices to more than 11,000 employees although it expects job losses to be closer to 4,400.
American Airlines has signed an agreement with SkyWest Airlines to take over the operation of dozens of regional flights currently handled by American Eagle.
American Airlines plans to eliminate 1,090 jobs when it shuts down a Fort Worth maintenance facility in December.
Flight attendants at American Eagle, the regional-flying sister to American Airlines, have overwhelmingly approved a new labor contract.
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.
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 says it is now a creditor of American Airlines parent AMR Corp., the company it’s trying to force into a merger.
American Airlines and its parent company are suing to win the right to stop providing health care and life insurance to retirees.