BNET Industries
AMR Corp. (AMR) is in the Travel Industry
- Revenue
- Dec 31 2007
- $22.9B
- Profit
- Dec 31 2007
- $504.0M
- Market Cap
- Jul 23 2008
- $2.3B
Latest News and Analysis
How Will Rising Fuel Prices Impact Demand for Aircraft? -- Boeing Comments
Here are Boeing's BA comments, from its conference call, on the impact of high fuel prices on its business and the aircraft parts and airline industries: Despite minimal impact on our business so far, we are concerned about the impact of energy prices on our customers, and we...
5 Key Quotes from US Airways on the Airline Industry
Here are five key quotes from US Airways' LCC recent conference call: 1. Impact of higher fuel prices by David Jackson
Online Travel Trouble: American To Ditch Kayak; Is Orbitz Next?
Erick Schonfeld submits: After years of ceding the upper hand in online travel to booking sites like Kayak and Orbitz OWW, American Airlines AMR is about to fight back. According to the CEO of a competing travel site, American Airlines is about to pull its airline listings out of...
United, US Airways, JetBlue Post Losses on Fuel Woes
By Kyle Peterson CHICAGO (Reuters) - Three major U.S. airlines reported losses on Tuesday, sapped by soaring fuel costs, but stocks in the sector rose sharply as investors hoped falling crude oil prices signaled relief ahead. United Airlines parent UAL Corp UAUA, US...
Qantas Cuts 4 Pct of Workforce, Prunes Growth Plan
By Denny Thomas SYDNEY (Reuters) - Australia's top airline, Qantas Airways Ltd QAN, will cut 4 percent of its workforce and scrap its growth plan for the coming year, saying the business would be at risk if it fails to offset soaring fuel...
Continental Airlines Posts Loss
By Mark McSherry NEW YORK (Reuters) - Continental Airlines Inc CAL on Thursday reported a quarterly loss, citing high fuel prices, a weakening economy and a weak U.S. dollar. Continental's second-quarter net loss came to $3 million, or 3 cents per share, compared...
AMR, Delta Results Hurt By Rising Fuel Costs
By Kyle Peterson and Mark McSherry CHICAGO/NEW YORK (Reuters) - AMR Corp AMR, parent of American Airlines, and Delta Air Lines Inc DAL reported large quarterly net losses on Wednesday, blaming depressed results on rising jet fuel prices that have forced widespread ...
AMR Posts Quarterly Loss on Soaring Fuel
CHICAGO (Reuters) - AMR Corp AMR, parent of American Airlines, on Wednesday posted a quarterly net loss, reversing a year-ago profit, as its fuel bill jumped 47.4 percent. AMR's loss sets the stage for what could be a troubling string of reports from...
Slimfast Diet, Airlines Version
Paul Kedrosky submits: Fascinating data points from an ATA document on how airlines are trying to slim down to save weight and stay in business given jet fuel at record levels: One airline saved over 17 gallons/year per pound of weight per airplane after shedding inflight phones, ovens,...
Earnings Preview: Monday through Wednesday
Trader Mark submits: As we do each earnings period, here are the names I'm watching as earnings season begins in earnest Tuesday. Nothing we own in the first batch this coming week. Thursday is the monster day of the week with a ton of interesting companies reporting.MondayGenentech DNA - the...
Airline Stocks: Where Value Investing Takes Flight
Inglefox Investing submits: Jim Cramer has said it, the Wall Street analysts have said it and some of the most respected money managers have said it: Don't own an airline stock! Apparently people are listening. They are listening so attentively that the airline prices have fallen drastically. Possibly even too...
BA Deal With American and Iberia Seen Possible Soon
By John Bowker and Jui Chakravorty LONDON/NEW YORK (Reuters UK) - British Airways BAY, AMR Corp's AMR American Airlines and Spain's Iberia IBLA are close to forming a transatlantic partnership that would apply for antitrust immunity, a source briefed on the matter said on Thursday....
BA, American, Iberia Deal Possible Soon: Source
By John Bowker and Jui Chakravorty LONDON/NEW YORK (Reuters) - British Airways Plc BAY, AMR Corp's AMR American Airlines and Spain's Iberia IBLA are close to forming a transatlantic partnership that would apply for antitrust immunity, a source briefed on the ...
BA Close to Joint Venture With American and Iberia
By John Bowker LONDON (Reuters UK) - British Airways BAY, American Airlines AMR and Spain's Iberia IBLA are close to applying for antitrust immunity to form a transatlantic joint venture, the Financial Times said on Thursday. The airlines aim to reach an agreement on profit and...
American, Iberia, BA Plan Joint Venture: Report
(Reuters) - AMR Corp's AMR American Airlines, British Airways Plc BAY and Spain's Iberia IBLA are close to applying for antitrust immunity to form a joint venture, the Financial Times said on Thursday. The airlines aim to reach an accord on profit and...
Airline Pilots Brace For Downsizing, Career Change
By Kyle Peterson CHICAGO (Reuters) - United Airlines pilot Todd Coomans has yet to fully recover from a painful furlough five years ago that set his airline career back several years and, along the way, also cost him his marriage. Now the 46-year-old...
Are Airlines Stocks a Contrarian Opportunity?
Contrarian Profits submits: By Eric Roseman Skyrocketing energy prices are making the headlines almost daily since last spring. Over the last 12 months, crude oil prices have more than doubled and gas prices are heading to US$5 per gallon. by Contrarian Profits
The ATM at the Airlines
Glenn Alperin submits: I won't go so far as to say the airlines are all in trouble, but surely a few of them are, and those that aren't in trouble are currently hurting very badly. It's no wonder why, really. The cost of jet fuel, much like the cost of...
When Crude Drops, AMR Will Fly
John Gilluly submits: I have been watching in amazement while the price of crude strangles the world's economy at $139/bbl. There have been riots and strikes in Europe as gasoline and diesel approach $10/gal (U.S.). In the third world and developing countries, many people have to decide...
Friendlier Skies, But Turbulence Ahead?
Shares in American Airlines parent company AMR Corp AMR rose 5% to $5.75, trending with other major airlines after a pullback from record crude oil levels, and following news that Chicago’s O’Hare International Airport intends to lift 4-year-old flight caps the fall – a move that an FAA spokesman said...
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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 McLaughlin Korologos
Mr. Michael A. Miles
Mr. Philip J. Purcell
Contact Information
4333 Amon Carter Blvd.
Fort Worth, TX
817 963-1234
NAICS Code
Scheduled Passenger Air Transportation: 481111Brought to you by IBMSponsored Resources
