Trading Of AMR Halted For A Second Time | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-09.15.25

AirborneNextGen-
09.09.25

Airborne-Unlimited-09.10.25

Airborne-AffordableFlyers-09.11.25

AirborneUnlimited-09.12.25

Wed, Oct 19, 2011

Trading Of AMR Halted For A Second Time

Steep Losses Trigger Automatic Stop Order

Monday was another bad day for AMR stockholders, as an ongoing labor dispute triggered steep losses in the airline's shares to the point that trading was automatically halted. It was the second time this month that trading was temporarily suspended due to rapidly falling prices.

The airline and its pilot's union failed to come to an agreement on a new contract over the weekend, which was the catalyst for the Monday stock slide. The previous issue was over speculation about a possible reorganization under bankruptcy protection for the airline.

Analysts say there is simply a lot of worry over the eventual fate of one of the remaining legacy carriers, according to a report in USA Today.

A spokeswoman for American said talks between the airline and the pilots union were expected to resume this week. Missy Cousino said the company is "optimistic that there is a path to an agreement."

The airline says it is also facing pressure from volitile fuel prices and high maintenance costs for its aging fleet of airliners.

FMI: www.american.com

Advertisement

More News

NTSB Final Report: Evektor-Aerotechnik A S Harmony LSA

Improper Installation Of The Fuel Line That Connected The Fuel Pump To The Four-Way Distributor Analysis: The airplane was on the final leg of a flight to reposition it to its home>[...]

ANN's Daily Aero-Term (09.15.25): Decision Altitude (DA)

Decision Altitude (DA) A specified altitude (mean sea level (MSL)) on an instrument approach procedure (ILS, GLS, vertically guided RNAV) at which the pilot must decide whether to >[...]

Aero-News: Quote of the Day (09.15.25)

“With the arrival of the second B-21 Raider, our flight test campaign gains substantial momentum. We can now expedite critical evaluations of mission systems and weapons capa>[...]

Airborne 09.12.25: Bristell Cert, Jetson ONE Delivery, GAMA Sales Report

Also: Potential Mars Biosignature, Boeing August Deliveries, JetBlue Retires Final E190, Av Safety Awareness Czech plane maker Bristell was awarded its first FAA Type Certification>[...]

Airborne 09.10.25: 1000 Hr B29 Pilot, Airplane Pile-Up, Haitian Restrictions

Also: Commercial A/C Certification, GMR Adds More Bell 429s, Helo Denial, John “Lucky” Luckadoo Flies West CAF’s Col. Mark Novak has accumulated more than 1,000 f>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne-Flight Training 09.18.25: UAL v Spirit, IAA Approval, Piper M-Class

Airborne 09.17.25: 787 Pilot Busted, 1st Production Ascend, Sling 4 Cocaine Haul

Airborne-NextGen 09.16.25: DOT's AAM Plan, Switchblade 600 AirLaunch, Jetson ONE Delivery

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC