American Airlines gets new line of credit
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FORT WORTH, Texas The parent of American Airlines today announced it&#39;s received an 850 (M) million dollar, six-year credit line.
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American Airlines, the nation's largest carrier, is matching most of the sweeping changes Delta Air Lines made to its fare structure, which includes eliminating Saturday-night stay requirements and lowering last-minute fares, an industry source familiar with the move said Thursday.
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American Airlines says it will begin charging a service fee of $5 or $10 to buy a ticket over the phone or at an airport counter, copying a similar move by Northwest Airlines.
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A unit of American Express Co. agreed Monday to provide Delta Air Lines Inc. with up to $600 million in financing - if the cash-strapped airline persuades its
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ATLANTA  - Delta Air Lines, racing to avoid bankruptcy, said Monday it had secured highly conditional, asset-backed financing of a maximum $600 million from American Express.
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The other $500 million will be in the form of prepayment for SkyMiles, Delta&#39;s frequent flier points. American. Express issues a Delta credit card that awards SkyMiles.
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The parent of American Airlines said third-quarter profits rose as the airline raised fares and cut the number of seats it offered.
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DALLAS More red ink is expected for the Fort Worth-based parent of American Airlines. That&#39;s as the world&#39;s largest carrier struggles under high fuel prices and competition from low-fare companies.
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American Express Co., the fourth- largest US credit-card issuer, said quarterly profit climbed 14 percent to a record as customers spent more on travel and carried larger loan balances.
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FORT WORTH, Texas -- American Airlines says more job cuts are on the way after the airline had already planned about 1,000 layoffs.
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FORT WORTH, Texas and BOSTON, Sept. 14  /PRNewswire-FirstCall/ -- American Airlines and Fidelity Investments today announced Fidelity's participation in the AAdvantage(R) program.
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United Airlines' flight attendants and pilots ratified new contracts yesterday, agreeing to additional givebacks as the struggling carrier tries to emerge from more than two years of bankruptcy.
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Fort Worth-based American Airlines Inc. has followed the lead of competitor Northwest Airlines by adding a new charge to travelers who book tickets over the telephone or at ticket counters, in an effort to
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Bankrupt airline US Airways has made a new proposal to its pilots that seeks nearly $1.9 billion in savings through 2009, more than the $1.
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American Airlines has sought licences from US regulators to launch two routes into Ireland next year.
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American Airlines has delayed the deliveries of 54 Boeing Co. planes to save $2.7 billion over the next six years. The agreement with Boeing lets AMR, which has lost $6.9 billion since the end of 2000, delay
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A proposed $10 round-trip airfare increase that initially looked like it might stick fell apart over the weekend. The increase was proposed by American Airlines late last week and matched