May 11, 2012
Bankrupt American Airlines Inc. parent AMR Corp. announced Friday that it's agreed to work with the unsecured creditors' committee in its Chapter 11 proceedings to evaluate possible merger scenarios — a decision welcomed by potential suitor US Airways Group Inc.
April 27, 2012
The key figure Friday was $230 million in the final day of AMR Corp.'s bid to reject union contracts, as American Airlines Inc.'s lead negotiator with flight attendants said that while he was and is willing to talk out how to get to that number, the number itself can't be compromised.
April 25, 2012
On the third day of hearings in AMR Corp.'s bid to nix union contracts, lawyers for three American Airlines Inc. unions continued Wednesday to grill witnesses for the bankrupt carrier on why the company didn't seek other alternatives before filing for Chapter 11.
April 24, 2012
American Airlines Inc. parent AMR Corp.'s chief restructuring officer testified Tuesday that American's mounting losses and inability to keep up with more streamlined competitors give it no choice but to reject its collective bargaining agreements or perish.
April 23, 2012
In the opening day of what could be weeks of hearings on bankrupt American Airlines Inc. parent AMR Corp.'s bid to reject union contracts, attorneys for the debtor and several unions painted differing pictures Monday of the cause of the airline's decline.
April 04, 2012
A group representing former Trans World Airline pilots objected Tuesday to plans by American Airline Inc.'s parent AMR Corp. to jettison union agreements as part of its ongoing bankruptcy proceedings.
March 27, 2012
American Airlines Inc.'s parent AMR Corp. sought Tuesday to jettison agreements with three large unions in a move it said was targeted at speeding up negotiations with the unions to achieve expense reductions including yearly labor cost cuts of roughly $1.25 billion.
March 22, 2012
AMR Corp. will seek to cancel its collective bargaining agreements with unions within the next week unless something substantial happens in negotiations, an attorney for the bankrupt American Airlines Inc. parent told a New York bankruptcy judge Thursday.
March 21, 2012
A flight attendant union on Wednesday slammed a call by American Eagle Airlines Inc., a subsidiary of bankrupt AMR Corp., for a $75 million reduction in annual labor costs, saying it was prepared to wage a legal battle against overreaching cuts.
March 09, 2012
Bankrupt American Airlines Inc. parent AMR Corp. looked for more time Thursday to file a Chapter 11 plan of its own as the unions stepped up their calls for arbitration after negotations with the airline stalled once again.