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.
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 is attempting a financial makeover in bankruptcy court, and has rolled out a new look for its airplanes.
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 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.
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.
AMR Corp. says December traffic on American Airlines and American Eagle rose 2.1 percent.
Shares of American Airlines parent AMR Corp. rallied after a company lawyer said stockholders might get something back following bankruptcy.
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.
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’ CEO Tom Horton says it will be “a matter of weeks” before a decision is made about a merger with U-S Airways.
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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