The cost cutting can begin now for American Airlines. A judge signed off today on deals with flight attendants, and the group representing maintenance workers, bag handlers and other work groups.
American Airlines CEO Tom Horton wants to set the record straight: It was he who approached US Airways CEO Doug Parker about the possibility of combining the two airlines, not the other way around.
AMR, the parent company of American Airlines, is now considering merger options according a two-page letter to employees from CEO Tom Horton. The announcement came on the same day two work groups from the Transport Workers Union announced that a tentative agreement had been reached with AA on a new contract.
A federal labor-relations agency has scheduled an election to decide whether customer-service agents at American Airlines will be represented by a union.
American Airlines has stated for weeks it would only consider a merger after it emerges from bankruptcy. But late Friday, American says it would move up its timetable.
Could a new contract be the key to saving a struggling airline? American Airlines said that they have come up with a new plan to cut costs and save jobs.
US Airways announced that it wants to merge with American Airlines. While it has not made an offer, it has struck an agreement with the airline’s unions.
CBS 11 News has learned members of American Airlines’ pilots, flight attendant and mechanics unions will announce their support of US Airways’ possible takeover of the struggling Fort Worth-based airline.
On Tuesday, the CEO of American Airlines’s parent company, AMR, issued an internal memo that hinted at layoffs.
In the 1980s, young graduates in a Dallas office were tasked with making sense of deregulation. Today, four of them are running airlines.
A new executive is taking the helm at American Airlines parent AMR Corp. as the company heads into Chapter 11 bankruptcy protection. After a little more than a year in the role of president, Thomas W. Horton will take on the additional role of CEO.
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