Former AMR CEO Joins Walmart BoardThe executive who led American Airlines through bankruptcy reorganization has joined the board of Walmart. The retailer on Monday named Tom Horton as a director.
Airlines Extend Merger AgreementAmerican Airlines and US Airways on Monday morning agreed to extend their merger agreement, pushing back the date that either carrier could terminate their merger plan.
Judge Questions Giving OK To AMR Bankruptcy PlanA judge asked American Airlines' lawyers to explain why he should approve the company's plan to merge with US Airways and exit bankruptcy protection while the merger is being challenged by the federal government.
Management Shake-Up At American AirlinesThere has been a shake-up for the management team at American Airlines. The changes were announced on Monday morning, and are set to start once the company merges with US Airways.
New American Airlines Leaders Named SoonAmerican Airlines and US Airways will soon announce the senior executives of their combined company. The airlines said that an announcement could come in late May or early June.
American Airlines Recovers After System GlitchAmerican Airlines was back up and running on Wednesday morning after a computer glitch forced the carrier to cancel nearly 1,000 flights on Tuesday.
Judge Denies AMR CEO's Severance DealA federal bankruptcy judge has denied a proposed $20 million severance payment for the CEO of American Airlines as part of the company's merger with US Airways.
Judge Approves American-US Airways MergerThe widely-expected decision by Judge Sean H. Lane helps clear the way for the two carriers form the world's biggest airline, with 6,700 daily flights and annual revenue of roughly $40 billion.
U.S. Official Opposes Payment To AMR CEOA federal official opposes a nearly $20 million severance payment to the CEO of the parent company of American Airlines in the carrier's proposed merger with US Airways.
AMR Promotes Executive Involved In MergerAmerican Airlines has promoted an executive closely involved in overseeing the proposed merger with US Airways.
In Path To American's Merger, 1 CEO Had To LeaveWhen the airline filed for bankruptcy in November 2011, Tom Horton was simultaneously elevated to CEO. But from the minute he reached the top, a number of forces started converging against him.
AMR CEO In Line For $20 Million SeveranceAMR 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.