Tag: AMR

American Airlines files for Chapter 11 Bankruptcy

American Airlines and parent AMR will file for Chapter 11 bankruptcy Tuesday, AMR announced. Chairman and chief executive Gerard Arpey has resigned as well. The AMR board picked Tom Horton, currently AMR and American Airlines president. Horton was picked by…

United Airlines Might Find Continental Would Make Better Spouse

Chicago Business, Crain’s 04/09/10 (Bloomberg) — Continental Airlines Inc. would make the best merger partner for United Airlines, creating the world’s largest carrier, should the pair restart talks that fizzled in 2008, analysts said. Executives at Continental started a review of…