Bankruptcy
Judge Says AMR Can Purchase New Planes
A bankruptcy judge has granted permission for AMR to buy new, fuel-efficient planes. American Airlines plans to receive nearly 60 planes this year and has 550 more on order.
Bankrupt Lon Morris College Campus Sold At Auction
The oldest junior college in Texas has been sold at auction with much of the property going to the local school district and an office supply company.
American Airlines Reveals New Look
American Airlines is attempting a financial makeover in bankruptcy court, and has rolled out a new look for its airplanes.
AMR Reports 4Q Profit Of $262 Million
AMR Corporation, the parent company of American Airlines, Inc., has reported revenue of $24.9 billion in 2012, the highest yearly revenue in the company’s history.
American Airlines Changing Boeing Jet Orders
American Airlines has renegotiated orders with Boeing Co. to save money and in some cases get a slightly smaller, less expensive version of the new 787 jet.
Lon Morris College Goes Up For Auction
The campus of Lon Morris College, including most of its buildings, is set to be auctioned off Monday after the state’s oldest junior college filed for bankruptcy last year.
Traffic & Revenue Rise For American Airlines
AMR Corp. says December traffic on American Airlines and American Eagle rose 2.1 percent.
Lawyer’s Comments Give AMR Shares A Bounce
Shares of American Airlines parent AMR Corp. rallied after a company lawyer said stockholders might get something back following bankruptcy.
AMR Board To Study Merger Option
Directors of the parent company of American Airlines likely will not make a decision when they meet Wednesday to consider a possible merger with US Airways.
Hostess Reportedly In Talks To Sell Bread Brands
A newspaper is reporting that Flowers Foods and Bimbo are emerging as bidders for the bread brands of Hostess, which in the midst of a bankruptcy court liquidation of its assets.
American Airlines Merger Could Be Weeks Away
American Airlines’ CEO Tom Horton says it will be “a matter of weeks” before a decision is made about a merger with U-S Airways.
APA Says AMR Dragging Heels, But Some Pilots Say Wait
There are new accusations against American Airlines management by the Allied Pilots Association as both parties try to work on a possible merger with US Airways.



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