NEW YORK (AP) — US Airways shareholders overwhelmingly approved a proposed merger with American Airlines, bringing the companies closer to creating the world's biggest airline.
The main hurdle now is a review by antitrust regulators at the U.S. Department of Justice. Concerns have been raised about the merger's impact on airfares, and the combined airline's potential dominance at Washington's Reagan National Airport.
15. American, US Airways name post-merger leadership - Friday, June 7, 2013
DALLAS (AP) — The new American Airlines will have more top executives from smaller but more successful US Airways than from the current American.
Five US Airways executives will follow their current CEO, Doug Parker, when he takes control after the airlines complete their proposed merger. Three executives from American parent AMR Corp. were named to the new company's leadership team.
16. American Airlines trims 1Q loss as labor costs fall - Friday, April 12, 2013
DALLAS (AP) — The parent of American Airlines is reporting a smaller loss for the first quarter than a year ago on slightly higher revenue and much lower labor costs.
AMR Corp. said Thursday that it lost $341 million, compared with a loss of $1.66 billion a year earlier.
17. American Airlines resumes most flights - Friday, April 12, 2013
DALLAS (AP) — American Airlines resumed most flights Wednesday, a day after a massive technology failure forced the nation's third-largest carrier to ground all planes from coast to coast.
Some lingering problems remained. At midday, American and regional offshoot American Eagle had canceled more than 200 flights, according to flight-tracking service FlightAware.com. But that was a huge improvement over Tuesday, when American and Eagle cancelled nearly 1,000 flights and delayed another 1,100.
18. American Airlines set to file reorganization plan - Friday, April 12, 2013
DALLAS (AP) — US Airways began studying a potential merger with American Airlines several months before American filed for bankruptcy protection in late 2011, according to papers filed Monday by the two companies.
19. Judge denies $20M severance deal for AMR CEO - Friday, April 12, 2013
DALLAS (AP) — A 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.
The judge ruled Thursday that the proposed payment to CEO Tom Horton exceeded limits that Congress set for bankruptcy cases in 2005.
20. Merger activity stirs on Wall Street - Friday, February 15, 2013
NEW YORK (AP) — Companies are buying each other again.
This year was shaping up to be one of the biggest for mergers and acquisitions since 2007. Then, on Thursday, two more blockbuster deals were announced: A $11 billion merger between American Airlines and U.S. Airways, and a $23 billion takeover of ketchup maker H.J. Heinz Co. by a group including billionaire Warren Buffett.
21. American, US Airways announce $11 billion merger - Friday, February 15, 2013
DALLAS (AP) — US Airways CEO Doug Parker has landed the big merger he sought for years. Now the soon-to-be CEO of the new American Airlines has to make it work.
Planes need painting. Frequent flier programs have to be combined. And the new airline will still be weak in Asia and need to win back business travelers who have been drifting away to other airlines.
22. American, US Airways announce $11 billion merger - Friday, February 8, 2013
DALLAS (AP) — US Airways CEO Doug Parker has landed the big merger he sought for years. Now the soon-to-be CEO of the new American Airlines has to make it work.
Planes need painting. Frequent flier programs have to be combined. And the new airline will still be weak in Asia and need to win back business travelers who have been drifting away to other airlines.
23. Report: American Airlines, US Airways boards to meet this week - Friday, February 8, 2013
DALLAS (AP) — Directors of American Airlines and US Airways reportedly plan to meet Wednesday to consider a merger.
The Wall Street Journal reported Monday that negotiators were still considering the makeup of the combined company's board and an exact role for the CEO of American parent AMR Corp.
24. American Airlines parent loses $238M in 3Q - Friday, October 12, 2012
NEW YORK (AP) — 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 cut costs, paid less for fuel and benefited from a partnership that boosted traffic overseas.
25. AA and unions agree to resume contract talks - Friday, September 28, 2012
DALLAS (AP) — American Airlines and its pilots' union have agreed to resume stalled contract negotiations.
The union also said Tuesday that it will delay releasing results of a strike-authorization vote scheduled to end Wednesday.
26. Labor strife threatens American Airlines schedule - Friday, September 21, 2012
DALLAS (AP) — With American Airlines canceling dozens of flights every day, passengers with fall travel plans are confronting an inconvenient question: Should they avoid the nation's third-largest carrier because labor strife might cause delays and cancelations?
27. American Airlines, US Airways merger talks start - Friday, August 31, 2012
NEW YORK (AP) — American Airlines and US Airways are one step closer to a potential merger.
The companies said Friday they signed legal documents allowing them to confidentially exchange information. But a deal is still far from reality.
28. American Airlines' flight attendants OK contract - Friday, August 17, 2012
DALLAS (AP) — Flight attendants at American Airlines voted to approve a new contract offer from the airline, which is seeking to cut costs in bankruptcy protection.
The results released Sunday showed attendants voted to accept the contract by 59.5 percent to 40.5 percent, according to the Association of Professional Flight Attendants.
29. US seeks $162M in fines against American Airlines, American Air - Friday, August 3, 2012
DALLAS (AP) — 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. Those sanctions would dwarf any previous penalties against an airline.
30. American CEO bashes US Airways; calls it desperate - Friday, July 20, 2012
BOSTON (AP) — 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.
31. CEOs of American Airlines, US Airways discuss merger options - Friday, July 20, 2012
DALLAS (AP) — The CEOs of American Airlines parent AMR Corp. and US Airways met over breakfast Thursday to talk about potential merger scenarios.
32. CEOs of American Airlines, US Airways discuss merger options - Friday, July 13, 2012
DALLAS (AP) — The CEOs of American Airlines parent AMR Corp. and US Airways met over breakfast Thursday to talk about potential merger scenarios.
33. American Airlines has 2Q loss of $241M on bankruptcy costs - Friday, July 13, 2012
DALLAS (AP) — American Airlines is reaping higher fares and record revenue but still losing money.
AMR Corp. said Wednesday that it narrowed its second-quarter loss to $241 million mostly because of $230 million in costs tied to its bankruptcy restructuring. A year ago, it lost $286 million.
34. American Airlines CEO says it's time to weigh merger options - Friday, July 6, 2012
DALLAS (AP) — The head of American Airlines says his company has done so much to fix its problems that it can consider potential mergers, and invitations will be going out soon.
Thomas Horton, the CEO of American and parent AMR Corp., said Tuesday that American has boosted revenue, reached cost-cutting deals with labor unions, and is well on its way to a successful restructuring after seven months under bankruptcy protection.
35. Airlines, ticket firms battle over booking system - Friday, June 8, 2012
BEIJING (AP) — A guaranteed aisle seat, special meals, access to the VIP lounge — and tickets to a musical?
Airlines want to raise new revenues by selling such extras alongside tickets and are locked in a battle with three companies that dominate the bookings industry over the introduction of a new global reservation system.
36. American Airlines to reduce July flying - Friday, June 1, 2012
DALLAS (AP) — American Airlines says it will reduce flights in July partly because of a shortage of pilots due to more of them calling in sick.
The 1 percent reduction in July's schedule follows a 1.5 percent cutback in June, which was also blamed partly on higher usage of sick leave by pilots.
37. Airlines' treatment of passengers slowly improves - Friday, March 30, 2012
WASHINGTON (AP) — Flying is getting better. Honest.
For airline passengers grappling with fare increases, canceled routes and a seemingly endless parade of new fees, "better" may not be the first word that comes to mind. But based on more traditional yardsticks — lost bags, delayed flights, lousy service and bumpings from full planes — airlines are doing a better job, say private researchers who have analyzed federal data on airline performance.
38. Stocks slip on the last trading day of 2011 - Friday, December 30, 2011
NEW YORK (AP) — The stock market is set to end a tumultuous year more or less where it started.
The Dow Jones industrial average fell 55 points, or 0.4 percent, to 12,231 as of 2:30 p.m. Friday. The S&P 500 fell 3 points, or 0.3 percent, to 1,262. It's up just 0.2 percent for 2011. The Nasdaq fell 4 points, or 0.1 percent, to 2,609.
39. American Airlines stock led investors on volatile ride - Friday, November 25, 2011
Airlines are no place for conservative investors, as the dramatic rise and fall of AMR Corp. shares in recent years illustrates.
Oil prices, economic trends, and fare wars are among the issues that have taken the stock of American Airlines' parent company, and other carriers, on a wild ride.
40. Confidence index, Europe send stocks mostly higher - Friday, November 25, 2011
NEW YORK (AP) — A jump in U.S. consumer confidence sent stocks modestly higher Tuesday. Investors were also encouraged by new efforts from European leaders to find more aggressive cures for the region's debt crisis.
41. Little impact for fliers from American Airlines Chapter 11 - Friday, November 25, 2011
NEW YORK (AP) — For the 240,000 passengers who fly American Airlines each day, the airline's bankruptcy filing should have little noticeable impact.
42. American Airlines parent files for bankruptcy - Friday, November 25, 2011
DALLAS (AP) — The parent company of American Airlines filed for bankruptcy protection Tuesday, seeking relief from crushing debt caused by high fuel prices and expensive labor contracts that its competitors shed years ago.
43. Airline fined $900,000 for lengthy tarmac delays - Friday, November 11, 2011
WASHINGTON (AP) — The Department of Transportation said Monday it has fined a regional affiliate of American Airlines $900,000 for keeping hundreds of passengers cooped up for hours on planes in Chicago earlier this year, a clear warning to airlines on the eve of the holiday travel season that similar incidents won't be tolerated.
44. Delta confirms plan to buy 100 Boeing planes - Friday, August 26, 2011
NEW YORK (AP) — Delta Air Lines on Thursday confirmed its plan to buy 100 Boeing 737 jets as part of a fleet upgrade, with delivery set for 2013 to 2018.
The order announced Thursday is valued at $8.5 billion at list prices, although airlines commonly get discounts. The newer planes offer perks for travelers including a roomier cabin, less engine noise and more room in overhead bins. But they also have huge benefits for airlines because they are more efficient, require less maintenance and burn less fuel.
45. American orders 460 new planes from Boeing, Airbus - Friday, July 15, 2011
FORT WORTH, Texas (AP) — American Airlines is buying at least 460 new planes over the next five years and splitting the order between Boeing and Airbus.
American said Wednesday it will buy 260 planes from Airbus and 200 from Boeing Co. It's a major coup for Europe's Airbus because American currently flies an all-Boeing fleet.
46. Southwest posts 4Q income of $131 million - Friday, January 14, 2011
DALLAS (AP) — Southwest Airlines is making money on more traffic and higher ticket prices, producing a 15 percent jump in revenue. And the airline says bookings for January and the rest of the winter look strong.