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American Airlines Subsidiary PSA Warns Of More Pilot, Flight Attendant Furloughs Than Anticipated Based On American's Oct Schedule - Employee Memo
American Airlines Exec Says Working With Boeing On Financing For 737 MAX, Plan Is Still To Take All 100 On Order Over Time - Conf Call
American Airlines Posts Q2 Loss Per Share Of $4.82
American Airlines Group Inc. is a holding company. The Company's primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Company operates through American segment, which provides air transportation for passengers and cargo. The Company's cargo division provides a range of freight and mail services with facilities and interline connections available across the globe. Together with its regional airline subsidiaries and third-party regional carriers operating as American Eagle, its airline operated an average of nearly 6,700 flights per day to nearly 350 destinations in more than 50 countries, principally from its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, District of Columbia, as of December 31, 2016. In the fiscal year ended December 31, 2016, approximately 199 million passengers boarded its mainline and regional flights.
1 Skyview Dr
FORT WORTH, TX
William Douglas Parker
Chairman of the Board, Chief Executive Officer
Robert D. Isom
Derek J. Kerr
Chief Financial Officer, Executive Vice President
Executive Vice President, Chief Information Officer
Elise R. Eberwein
Executive Vice President - People and Communications
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American Airlines posted its second consecutive quarterly loss on Thursday, as the COVID-19 pandemic and the resulting shutdown of the U.S. economy hurt demand for air travel.
American Airlines Group Inc reported its second consecutive quarterly loss on Thursday, as the coronavirus crisis crushed demand for air travel.
Southwest Airlines said on Wednesday it was eliminating all exemptions from its face-covering requirement except for children under 2 years old, in the toughest policy yet among U.S. airlines.
American Airlines Group Inc <AAL.O> said on Wednesday it would require all its customers over two-years old to wear face coverings at airports and on board, starting July 29.
American Airlines <AAL.O> said on Wednesday it is sending 25,000 notices of potential furloughs to frontline workers and warned that demand for air travel is slowing again as COVID-19 cases increase and states re-establish quarantine restrictions.
American Airlines <AAL.O> is preparing to send notices of potential furloughs, as well as early retirement packages to encourage voluntary departures, to its workers later this week, two people familiar with the matter said.
American Airlines Group Inc has threatened to cancel some of its orders for Boeing Co's grounded 737 MAX jets, amid the coronavirus crisis, the Wall Street Journal reported on Friday citing people familiar with the matter.
American Airlines Group Inc said on Thursday it delayed flights to Hong Kong, a day after the city introduced mandatory virus tests for all arriving crew members.
American Airlines on Thursday forecast a 25% drop in its long-haul international summer capacity in 2021 over 2019, as the carrier curtails operations to cope with a slump in travel demand because of the COVID-19 pandemic.
American Airlines said on Thursday it expects summer long-haul international capacity to decline 25% in 2021 compared to 2019 due to lower demand resulting from the coronavirus outbreak.
American Airlines Group Inc warns it is overstaffed by about 8,000 flight attendants and might reduce its workforce through early retirements and voluntary leaves as the carrier looks to weather a hit to business from the COVID-19 pandemic.
American Airlines Group Inc <AAL.O> expects to have between 10% and 20% more workers than needed in July 2021, Chief Executive Doug Parker told employees at a town hall this week, and said that avoiding furloughs will be difficult.
American Airlines said on Friday that it will no longer restrict the number of seats sold on flights beginning July 1, in an effort to come back from the impact of the coronavirus.
* IT PRICED $2.5 BILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 11.75% SENIOR SECURED NOTES DUE 2025
American Airlines Group Inc said on Tuesday it expects to raise about $2 billion through a stock-and-notes offering in an effort to bolster its balance sheet to better deal with a slowdown in travel due to the COVID-19 crisis.
American Airlines Group Inc said on Tuesday it plans to offer 74.1 million shares of its common stock priced at $13.50 per share.
* AMERICAN AIRLINES SAYS IT EXPECTS TO OBTAIN BINDING COMMITMENT FOR SECURED LOAN UNDER CARES ACT IN JUNE 2020 - SEC FILING
American Airlines Group Inc said on Sunday it plans to secure $3.5 billion (2.83 billion pounds) in new financing, to improve the airline's liquidity as it grapples with travel restrictions caused by the coronavirus.
American Airlines Group Inc is planning to raise around $1.5 billion by selling shares and convertible notes, as the airline shores up liquidity after travel disruption due to coronavirus Bloomberg News reported https://bloom.bg/2AYPaXv on Sunday.
American Airlines Group Inc said on Friday it expects to halt its daily cash burn by the end of 2020 thanks to cost-cutting measures and an improvement in travel demand, easing concerns about its short-term liquidity.
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