American Airlines settles safety claims for $24.9M
American Airlines has agreed to pay $24.9 million to settle $162 million in potential fines that were proposed by U.S. safety regulators. Full story
American Airlines has agreed to pay $24.9 million to settle $162 million in potential fines that were proposed by U.S. safety regulators. Full story
American Airlines parent AMR Corp. reported a smaller loss for the first quarter than a year ago on slightly higher revenue and much lower labor costs. Full story
American Airlines CEO Tom Horton's $19.875 million exit package will be split in cash and stock. He will also get lifetime flight and travel benefits, and will be chairman of the board of the new AMR through spring or summer of 2014.
NEW YORK (Reuters) - After sitting out the industry's last round of mega-mergers, airline giants AMR Corp <AAMRQ.PK>, parent of American Airlines, and US Airways Group <LCC.N> are finally tying the knot. Meet the matchmakers: the financial and legal advisers for AMR's unsecured creditors Full story
(Reuters) - AMR Corp <AAMRQ.PK> and US Airways Group <LCC.N> on Thursday sealed an $11 billion merger, but before they can welcome their first passenger onboard they have to get regulators to sign off and then integrate a web of intricate systems. Full story
The AMR/U.S. Airways deal has a combined equity of $11 billion, reports CNBC's Phil LeBeau.
US Airways/AMR deal has implied combined equity of $11 billion, reports CNBC's Phil LeBeau.
American Airlines' parent AMR and U.S. Airways have announced their long-anticipated deal. Doug Parker, U.S. Airways chairman CEO, says the combined airline will be good for consumers. Thomas Horton, AMR CEO, weighs in.
What is the fallout for AMR, and will any of its competitors stand to benefit? Jeff Kauffman, Sterne Agee analyst, weighs in with CNBC's Phil LeBeau.
The Kudlow Report takes a close look at American Airlines and the serious delays the carrier has experienced in recent days. What's going on here? Donald Carty, former AMR chairman & CEO.
CNBC's Phil LeBeau reports the latest details on AMR- US Airways' non-disclosure agreement, and explains why more Americans are getting away this Labor Day weekend despite higher gas prices.
Egypt's President Mohamed Mursi and Foreign Minister Mohamed Kamel Amr meet U.S. Secretary of State John Kerry
Egyptian Foreign Minister Mohammed Kamel Amr , sits with U.S. Secretary of State John Kerry, and Egyptian President Mohamed Mursi during their meeting at the Presidential Palace in Cairo March 3, 2013. REUTERS/Jacquelyn Martin/Pool (EGYPT - Tags: POLITICS)
Egypt's Foreign Minister Mohammed Kamel Amr , U.S. Secretary of State John Kerry
Russian Foreign Minister Sergei Lavrov , Egyptian Foreign Minister Mohamed Kamel Amr