BNET Industries
AMR Corp. (AMR) is in the Travel Industry
- Revenue
- Dec 31 2007
- $22.9B
- Profit
- Dec 31 2007
- $504.0M
- Market Cap
- May 15 2008
- $2.3B
Latest News and Analysis
Airport Slot Auctions Proposed For Newark, JFK
WASHINGTON (Reuters) - The U.S.government proposed on Friday to auction some takeoff and landing rights at the New York area's two international airports, as a way to boost competition, a plan that drew sharp criticism from airlines. The Transportation Department plan for Newark...
BA Says in Talks With American, Continental
LONDON/NEW YORK (Reuters) - British Airways BAY said on Wednesday it was in discussions with two of its largest U.S. rivals, American Airlines and Continental Airlines, which a source briefed on the matter said was about a potential alliance. Such a...
BA Says in Talks With U.S. Airlines
LONDON (Reuters UK) - British Airways BAY said on Wednesday it was in discussions with U.S. airlines American and Continental, which a source briefed on the matter said was about a potential alliance. "British Airways is exploring opportunities for co-operation with American Airlines and Continental...
UAL Pilots Leader Pans Possible Merger With US Air
WASHINGTON (Reuters) - A "toxic stew" of problems with pilots and other issues at US Airways Inc LCC would imperil any merger between that carrier and United Airlines, the leader of the United pilots' union said on Tuesday. While United has its own...
Northwest Leads Airline Shares Higher on Oil Drop
CHICAGO (Reuters) - Airline shares rocketed higher on Tuesday, led by Northwest Airlines NWA, on a sharp decline in the price of crude oil, which is directly linked to the price of jet fuel. Northwest stock gained 17.5 percent to $8.95 on the...
UAL and US Air Merger Talks Advance: Sources
By John Crawley WASHINGTON (Reuters) - UAL Corp UAUA and US Airways Group Inc LCC are in advanced merger talks prompted by Continental Airlines Inc's CAL decision this weekend to walk away from similar talks with UAL, sources with knowledge of...
UAL, USAir in "very Advanced" Merger Talks: Sources
WASHINGTON (Reuters) - United Airlines, a unit of UAL Corp UAUA and US Airways Group Inc LCC are in "very advanced" merger talks, two sources with knowledge of the matter said on Monday. A deal, one of the sources said, could be finalized...
Continental Not Merging With UAL
By Jui Chakravorty Das NEW YORK (Reuters UK) - Continental Airlines CAL has called off talks with United Airlines UAUA because of United's weak financial condition and a feeling that a merger would risk its own financial health, a source briefed on the matter said...
Continental Not Merging With UAL
By Jui Chakravorty Das NEW YORK (Reuters) - Continental Airlines Inc CAL has called off talks with United Airlines UAUA because of United's weak financial condition and a feeling that a merger would risk its own financial health, a source briefed on the...
United in Merger Spotlight With US Air and Continental
By John Crawley and Kyle Peterson WASHINGTON/CHICAGO (Reuters UK) - United Airlines seems to be the prime mover in the next industry merger, and a decision could come soon as carriers are forced to consolidate for survival. Now that a proposal for Delta Air Lines DAL...
United in Merger Spotlight With US Air, Continental
By John Crawley and Kyle Peterson WASHINGTON/CHICAGO (Reuters) - United Airlines seems to be the prime mover in the next industry merger, and a decision could come soon as carriers are forced to consolidate for survival. Now that a proposal for Delta Air...
American Airlines in Talks With Continental, US Air
By Jui Chakravorty Das NEW YORK (Reuters) - American Airlines AMR has had early-stage merger talks with US Airways LCC and is in advanced talks for an alliance with Continental Airlines CAL, sources briefed on the situation said on Friday. News of the...
American Airlines in Talks With Continental and US Airways
NEW YORK (Reuters) - American Airlines AMR has had early-stage merger talks with US Airways LCC and is in advanced talks for an alliance with Continental Airlines CAL, sources briefed on the situation said. American Airlines' talks with Continental are focused on ...
FAA Says U.S. Airlines Must Monitor Their Own Safety
By John Crawley WASHINGTON (Reuters) - The Federal Aviation Administration FAA will tighten oversight of airline safety after aircraft groundings at big carriers, but will not absolve airlines of responsibility for monitoring their own safety, the FAA's top official said on...
Continental, Southwest Earnings Hurt By Fuel Costs
By Mark McSherry NEW YORK (Reuters) - Continental Airlines Inc CAL and Southwest Airlines Co LUV, two of the healthiest major U.S. carriers, said on Thursday that record-high fuel costs led to disappointing quarterly earnings and they cut growth plans. Continental's loss and...
AMR Can Compete Whether It Merges Or Not, CEO Says
By Kyle Peterson CHICAGO (Reuters) - American Airlines doesn't need to take part in a big merger to stay competitive in an industry set to be transformed by consolidation, the chief executive its parent company said on Wednesday. Speaking after AMR Corp AMR...
American Air Parent Posts Loss
CHICAGO (Reuters) - AMR Corp AMR, parent of American Airlines, on Wednesday reported a first-quarter loss, as the company grappled with soaring fuel prices. The loss amounted to $328 million, or $1.32 per share, compared with a profit of $81 million, or 30...
Delta/Northwest May Spark More Airline Mergers
By Kyle Peterson CHICAGO (Reuters UK) - The proposed merger of Delta Air Lines Inc DAL and Northwest Airlines Corp NWA is likely to spur other carriers to go after the cost savings and global brand recognition required to survive amid soaring fuel prices and...
Delta/Northwest May Spark More Airline Mergers
By Kyle Peterson CHICAGO (Reuters) - The proposed merger of Delta Air Lines Inc DAL and Northwest Airlines Corp NWA is likely to spur other carriers to go after the cost savings and global brand recognition required to survive amid soaring fuel prices...
Additional Resources
Malaysia Smelting Corporation Berhad Exercises Warrants and Acquires 6,799,999 Additional Common Shares of Asian Mineral Resources Limited
Malaysia Smelting Corporation Berhad ("MSC") announced today that it has exercised its outstanding warrants and acquired an additional 6,799,999 common shares of Asian Mineral Resources Limited ("AMR") at an exercise price of Cdn$2.10 per common share. The warrants were issued in December 2007 when MSC made its initial Cdn$20 million...
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- Incorporated: 1982
- CEO: Mr. Gerard J. Arpey
AMR is engaged in the airline industry. Through its principal subsidiary, American Airlines, Inc. (American), Co. conducts and provides scheduled passenger airline. As of Dec 31 2007, American provided scheduled jet service to approximately 170 destinations throughout North America, the Caribbean, Latin America, Europe and Asia. In addition, AMR Eagle Holding Corporation, a wholly-owned subsidiary of Co., owns two regional airlines which do business as American Eagle Airlines, Inc. and Executive Airlines, Inc. As of Dec 31 2007, Co.'s owned and leased aircraft in operation included 294 AMR Eagle Aircrafts.
Key Competitors
AMR Corp. Company Info
Board of Directors
Mr. Gerard J. Arpey
Chairman
Mr. Ray M. Robinson
Dr. Judith Rodin
Mr. Matthew K. Rose
Mr. Roger T. Staubach
Mr. John W. Bachmann
Mr. David L. Boren
Mr. Armando M. Codina
Mr. Rajat K. Gupta
Mr. Alberto Ibarguen
Ms. Ann M. Korologos
Mr. Michael A. Miles
Mr. Philip J. Purcell
Contact Information
4333 Amon Carter Blvd.
Fort Worth, TX
817 963-1234