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Entries tagged "Tom Horton"

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AMR files reorganization plan

The bankrupt parent of American Airlines gives particulars about how it will pay its creditors when it merges with US Airways. Continue reading

Posted on April 17, 2013 10:11 AM




US Airways, American Airlines form $11B airline

After months of pursuit, US Airways finally carried off the prize that will put it on par with the industry's biggest airlines. Continue reading

Posted on February 14, 2013 8:18 AM




US Airways pilots on board with AMR deal

Agreement could ease concerns of American Airlines' creditors about a proposed merger. Continue reading

Posted on January 7, 2013 12:29 PM




AMR faces examiner request

Marathon Asset Management wants to examiner certain prepetition intercompany transactions between the debtor's two airlines. Continue reading

Posted on October 25, 2012 8:09 AM




Judge rejects AMR bid to void contract with pilots

The surprise ruling delays the carrier's Chapter 11 proceedings and a potential merger with US Airways. Continue reading

Posted on August 16, 2012 11:59 AM




Labor battle: AMR fires opening salvo

The bankrupt parent of American Airlines looks to cut 13,000 jobs and terminate its pension plans in an effort to reduce annual costs by about $2 billion. Continue reading

Posted on February 2, 2012 3:16 PM




AMR's CEO warns of layoffs and hostile bids

Tom Horton says the bankrupt airline will "most certainly" trim jobs as it restructures. Continue reading

Posted on December 15, 2011 4:58 PM






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