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Bankruptcy

U.S. Airways CEO Doug Parker Discuss Merger Efforts With American Airlines

Parker Talks About Merged Airline’s Leaders

US Airways CEO Doug Parker, the man in line to lead American Airlines after the two carriers merge, expects to announce a new management team before closing the deal.

02/28/2013

Doug Parker (L), Chairman and CEO of US Airways, and Thomas Horton, Chairman, President and Chief Executive Officer of American Airlines speak during a news conference to announce the merger of the two airlines February 14, 2013 in Dallas Texas.  (Photo by Donna McWilliam/Getty Images

American Airlines & US Airways Defend Merger

Leaders from American Airlines and US Airways have told lawmakers that combining their companies will benefit consumers by creating tougher competition.

02/27/2013

American Airlines unveils a new company logo and exterior paint scheme on a Boeing 737-800 aircraft on January 17, 2013 in Dallas, Texas. (credit: Tom Pennington/Getty Images)

Airline Merger Hearing Set For Next Month

A bankruptcy judge will consider the merger of American Airlines and US Airways on March 27. The two carriers last week announced plans to merge in an $11 billion deal.

02/22/2013

Tom Horton, President of American Airlines, addresses the media during a press conference. (credit: ODD ANDERSEN/AFP/Getty Images)

AMR CEO In Line For $20 Million Severance

AMR CEO Tom Horton won’t get to lead the new American Airlines after it merges with US Airways, but he will get a going-away prize of nearly $20 million.

02/15/2013

American Airlines unveils a new company logo and exterior paint scheme on a Boeing 737-800 aircraft on January 17, 2013 in Dallas, Texas. (credit: Tom Pennington/Getty Images)

American Airlines & US Airways Merge

After months of courtship, American Airlines and US Airways are officially tying the knot. In the aviation industry’s newest marriage, the two carriers will create the world’s largest airline.

02/14/2013

(credit: American Airlines)

American Airlines & US Airways Announce Merger

Fort Worth’s American Airlines and Phoenix’s US Airways formally announced a merger on Thursday morning to create the world’s largest airline.

CBS 11–02/13/2013

American Airlines unveils a new company logo and exterior paint scheme on a Boeing 737-800 aircraft on January 17, 2013 in Dallas, Texas. (credit: Tom Pennington/Getty Images)

AMR & US Airways Could Be Close To Merger

Sources indicate that the American Airlines board of directors will meet on Wednesday to possibly vote on a merger with US Airways.

02/13/2013

Hostess Twinkies. (credit: Justin Sullivan/Getty Images)

Hostess Set To Announce Bidder For Twinkies

The indestructible Twinkie appears to be one step closer to a comeback. Hostess Brands is close to announcing that it has picked two investment firms as the lead bidders for its Twinkies and other snack cakes.

01/29/2013

American Airlines unveils a new company logo and exterior paint scheme on a Boeing 737-800 aircraft on January 17, 2013 in Dallas, Texas. (credit: Tom Pennington/Getty Images)

American Airlines Workers Get New Uniforms

First American Airlines wanted to redesign its planes, and now it plans to outfit employees in new uniforms.

01/25/2013

American Airlines - New Look Plane

American Airlines To Use Republic For Flights

American Airlines says it will use Republic Airways Holdings Inc. to operate regional flights using 76-seat planes.

01/24/2013

(credit: American Airlines)

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.

01/24/2013

Lon Morris College (Credit: LonMorris.edu)

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.

01/22/2013

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