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AMR narrowly dodges bankruptcy

Article Abstract:

AMR Corp., which accepted the resignation of Donald Carty, has reached an agreement with its unions to cut $1.8 billion in salaries and benefits. AMR, which is the parent company of American Airlines, will avoid filing for Chapter 11 bankruptcy protection through the deal.

Author: McKenna, Barrie
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
Contracts & orders received, Executive changes & profiles, Contracts & orders let, Labor organizations, Labor Unions, Labor Unions and Similar Labor Organizations, Officials and employees, Contracts, Airline employees, Contract agreement, AMR Corp., AMR, Labour unions

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Airlines' upcoming earnings could show signs of recovery

Article Abstract:

The author examines the 2003 second-quarter income statement of American Airline sand how it could foreshadow an industry trend. Topics include business losses, profits, and strategic planning.

Author: Reed, Daniel
Publisher: USA Today
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2003
Forecasts, trends, outlooks, Corporate Profits, Forecasts and trends, Profit, Profits, Market trend/market analysis, Strategic planning (Business), Business losses

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Subjects list: United States, Finance, Airlines, American Airlines Inc., Company financing
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