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Tag Archives: amr corp.

Judge likely to approve bankruptcy exit of American Airlines’ parent co.

NEW YORK — A federal judge signaled Thursday that he is leaning toward approving American Airlines’ emergence from bankruptcy protection but wanted more time to reflect. “I’m finding the arguments in favor of confirmation fairly persuasive,” Judge Sean H. Lane ...

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American Airlines parent loses $238M in 3Q

NEW YORK — American Airlines parent company AMR lost $238 million in the third quarter on employee severance payouts and other costs related to its bankruptcy. Without those charges, the Fort Worth, Texas, company posted an operating profit as it ...

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U.S. seeks $162M in fines against AMR, American Air

DALLAS — Federal safety regulators are seeking up to $162.4 million in fines against American Airlines and its affiliates for alleged violations of U.S. safety standards going back several years. The sanctions would dwarf any previous penalties against an airline. ...

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American Airlines’ parent lost $1.7 billion in 1Q

FORT WORTH, Texas — The parent company of American Airlines says it lost $1.66 billion in the first quarter, mostly on costs related to its bankruptcy restructuring. AMR Corp. said Thursday that excluding bankruptcy costs and other special items, it ...

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American Airlines bankruptcy to have small impact

For most of the 240,000 passengers who fly American Airlines each day, the airline’s bankruptcy filing should have little noticeable impact. American continues to operate flights, honor tickets and take reservations. It says its frequent-flier program will be unaffected. Some ...

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