Highlights
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AMR, American Airlines file for bankruptcy
American Airlines and its parent company AMR Corp filed for bankruptcy Tuesday after failing to win a labor deal with pilots and suffering from mounting fuel costs.
AMR had been the only major U.S. carrier to avoid bankruptcy in the past decade. Its...Tags: Delta Air Lines, Unions, United Air Lines, Bankruptcy, Transportation
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Demand for jet fuel strains supply system
Associated PressWASHINGTON - Lost luggage, bad weather and now ... no fuel? While fliers haven't yet had to add that problem to the list of headaches associated with air travel, it may not be far away. Airports in Arizona, California, Florida and Nevada recently came...Tags: Natural Disasters, Hurricanes, United Air Lines, September 11, 2001 Attacks, Tropical Storms
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Stocks slide on Fed decision
Associated PressWall Street fell victim to a late-day selloff Tuesday after Federal Reserve policymakers decided not to cut interest rates again, rattling investors who were hoping for such added economic stimulus. Analysts blamed the stock drop on traders who, in the...Tags: Cisco Systems Inc., United Air Lines, Stock Market, Transportation, Stock Broking
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US Air to lay off 11,000, cut schedule
Sun StaffThe financial devastation hitting the airline industry hit home yesterday as US Airways Group Inc., the second-biggest operator at Baltimore-Washington International Airport, said it will cut about 11,000 jobs and trim its flight schedule by 23 percent....Tags: AirTran, United Air Lines, Transportation, Southwest Airlines Co., Employees
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Reporter's Notebook: United's MileagePlus, Southwest score well with frequent fliers
If you want to redeem frequent-flier miles, you'll have your best luck on value airlines, such as Southwest Airlines. But among full-fare carriers, United Airlines' MileagePlus is by far the best, according to a recent survey.
Southwest and Air Berlin...Tags: AirTran, Appetizers, United Air Lines, Chicago Restaurants, Judges
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Jet that veered off O'Hare runway had made emergency landing a day earlier
Just a day after American Eagle mechanics gave a clean bill of health to a plane that had made an emergency return to O'Hare International Airport because of a landing gear problem, the same aircraft was forced to turn around in flight and land at O'...Tags: Chicago Tribune Columnists, Embraer SA, Chicago Tribune, Federal Aviation Administration, Air and Space Accidents
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Deals of the day -- mergers and acquisitions
ReutersMay 31 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2050 GMT on Thursday: ** Xstrata Chief Executive Mick Davis will get a three-year deal worth almost 30 million...Tags: Talbots Incorporated, Nike, Inc., Logica Plc, Italy, Companies and Corporations
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Plane that veered off runway made emergency landing day before
Tribune reporterJust a day after American Eagle mechanics gave a clean bill of health to a plane that had made an emergency return to O’Hare International Airport due to a landing gear problem, the same aircraft was forced to turn around in flight and land at O&...Tags: Embraer SA, Air and Space Accidents, Transportation Accidents
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US Airways, TPG weigh joint bid for American's parent
ReutersUS Airways Group and private equity firm TPG Capital may team up to bid for American Airlines' parent, AMR Corp., according to people familiar with the discussions. A partnership with TPG could boost a US Airways bid for its larger rival in several ways....Tags: Lungs and Airways, JetBlue Airways, Delta Air Lines, Bankruptcy, Continental Airlines
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AMR, unions wrap up marathon labor hearings
Reuters* Sides fighting over AMR bid to scrap labor contracts * Unions push for US Airways merger; AMR prefers standalone plan * Judge has four weeks to rule; implores sides to settle dispute By Nick Brown May 25 (Reuters) - An American Airlines lawyer on...Tags: Lungs and Airways, Matthew Broderick, Collective Contract, Unions, Bankruptcy
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American Airlines passenger detained after flight disruption
ReutersMay 25 (Reuters) - A "disoriented" passenger aboard an American Airlines flight was detained by Miami police on Friday after he stood up and refused to sit as the plane taxied to its airport gate, a spokesman for American's parent AMR Corp said. "We...Tags: American Airlines, Inc., Air Transportation Industry, Transportation Security Administration, U.S. Airways
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AMR hedge fund creditors organize to study merger
Reuters* Holders of over $700 mln unsecured bond debt join forces-sources * Group yet to form view on proposed AMR merger-sources * Group includes York Capital, King Street Capital * Labor union says US Air only realistic merger partner for AMR By Soyoung...Tags: JetBlue Airways, Delta Air Lines, Wilmington Trust Company, Personal Finance, Unions
Nov 29, 2011
|Story| Baltimore Sun
Aug 11, 2005
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Aug 13, 2002
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Sep 18, 2001
|Story| Baltimore Sun
May 31, 2012
|Story| Chicago Tribune
Jun 1, 2012
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May 31, 2012
|Story| Reuters
May 31, 2012
|Story| Chicago Tribune
May 31, 2012
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May 25, 2012
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May 25, 2012
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May 24, 2012
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