Topic: AMR Corporation
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The Reformed Broker Mergers and acquisition boom is under way. Cheer!
US is poised to enjoy the healthiest and most rational era of big mergers and acquisition in a very long time. That's a far cry from the bubbles of yesteryear.
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Pilot arrested after flunking blood-alcohol test
Pilot arrested after blood-alcohol test: An American Eagle pilot failed a blood alcohol test in Minneapolis. About 10,000 pilots are given a drug and alcohol test annually. Federal rules prohibit pilots from flying within eight hours of drinking or having a blood-alcohol level of 0.04 percent or higher,
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American Airlines mechanics: Many buyouts, few layoffs
American Airlines will not have to resort to mass layoffs during its bankruptcy, because so many mechanics accepted American Airlines' buyout offer.
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American Airlines will hire 2,500 pilots
American Airlines expects to hire 2,500 over the next five years as it ramps up international flights, the company said Wednesday. American Airlines currently has 8,000 active pilots.
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Flight attendants: Pay is less, but American has openings
Flight attendants' pay will be lower for 1,500 new hires at American Airlines. With flight attendants' pay averaging $45,000, American is trying to cut $1 billion in labor costs to emerge from bankruptcy.
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American Airlines cancels nearly 100 flights to fix loose seats
American Airlines has found a fix for loose passenger seats, it says. But American Airlines still had to cancel 50 flights on Thursday and 44 on Friday to make the repairs.
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American Airlines: Loose seats prompt emergency landing, investigation (+video)
American Airlines is being investigated by the Federal Aviation Administration following two incidents in which passenger seats came loose midflight on American Airlines planes in the last three days. The loose seats caused one flight to make an emergency landing in New York.
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Texas tornadoes: 296 American Airlines flights canceled Friday
Texas tornadoes: American Airlines is still recovering from the tornadoes earlier this week. Texas Gov. Rick Perry declared three counties disaster areas in the wake of the tornadoes.
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Retirement cuts? American backs off threat.
Retirement pay for workers will be frozen, as bankrupt American Airlines backs off threat to terminate pension plans. The freezing of retirement plans will affect flight attendants and ground workers, not pilots.
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American Airlines plans to cut 13,000 jobs
American Airlines, the nation's third-largest airline, would eliminate about 15 percent of its workforce. The move comes as part of American Airlines' bankruptcy protection plan.
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Stocks gain modestly on consumer confidence
The Dow rose 32 points to 11555 as a jump in US consumer confidence and new efforts from European leaders to find more aggressive cures for the region's debt crisis encouraged investors
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AMR: What does Chapter 11 bankruptcy mean for American Airlines fliers?
American Airline parent corporation, AMR Corp., filed for Chapter 11 bankruptcy Tuesday. With peak travel season just around the corner, experts are split over what it could mean.
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American Airlines parent AMR Corp. seeks Ch. 11 protection
American Airlines: The nation's third-largest airline also said Tuesday that CEO Gerard Arpey had stepped down and was replaced by company president Thomas W. Horton.
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Tech stocks fall amid Apple earnings slump
Tech stocks were felled by a rare earnings miss at Apple, Inc. The Dow fell 72 points to 11504 after trading high for most of the day, as Apple's poor earnings results helped drag down tech stocks.
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Tech stocks a drag on market after Apple's miss
Tech stocks moved broadly lower in midday trading after Apple earnings come in below expectations. Despite gloom over tech stocks, Intel breaks out after strong earnings growth.
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Stocks fall as Germany cools hopes for debt deal
Stocks had their worst drop in two weeks after German leaders cast doubt on how fast the debt deal process would be. The Dow dropped 247 points to close at 11397.
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Airline stocks: American Airlines hits eight-year low
Airline stocks fell Monday, led by bankruptcy speculation for troubled American Airlines. American shares tumbled 33 percent, while airline stocks generally dropped 9.8 percent.
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Stocks sink; S&P at lowest level of the year
The latest setback in Greece's financial crisis sent bumped the Standard and Poor's 500 index 32 points to 1099, its lowest level of the year. The Dow fell 258 points to 10655.
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Stock market: Stocks mostly down after biggest day of the year
Stock market was down early Wednesday afternoon, with the traders worried about the US debt limit. Still, Tuesday's strong gains left the three major indexes of the stock market in positive territory for the month.
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Stock market moves lower
Stock market slide led by airlines and banks. Friday's dismal job report and other evidence of a weak economy are weighing on stock market sentiment.
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Who wins with weaker oil?
If commodities keep getting weaker this summer, airlines stocks will benefit
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Rajat Gupta leaves P&G board after charges
Rajat Gupta, charged with leaking inside information while on Goldman Sachs's board, resigns from Procter & Gamble's board.
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Insider trading: Ex-Goldman director is charged
Insider trading charge brought against Rajat Gupta, a former Goldman Sachs board member.
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Oil prices surge on Libya unrest
Oil prices rose to $95 a barrel and stocks fell about 1 percent by midday. The surge in oil prices boosted oil company stocks.
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Airline tickets: Airlines boost profits by selling fewer of them
Airline tickets aren't as plentiful as in 2008, allowing airlines to price them higher.
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