American Airlines Sliding? | 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-06.23.25

Airborne-NextGen-06.24.25

AirborneUnlimited-06.25.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

Fri, Mar 14, 2003

American Airlines Sliding?

No Longer Part of S&P 500, World's Largest Airline Teeters on Edge

American Airlines, largest in the world since it took over TWA two years ago, may be headed down the Chapter 11 chute, analysts say. Just this week, AMR was pulled from the Standard & Poor's 500 index [that's one way to keep that index from sinking farther, eh? --ed]; and its employees are contemplating whether to give the airline the $1.8 billion in cuts the managers say they need, to make up an anticipated $4 billion shortfall -- and that's counting on no major impact from a war, or another terrorist attack.

American joined the industry group ATA in asking for taxpayer support and help with its insurance expenses, moves that would put the struggling airline even farther under the government's control -- that would relinquish operational freedoms that would be impossible to ever regain, and might be lost for the entire industry, forever.

FMI: www.amrcorp.com

Advertisement

More News

TikToker Arrested After Landing His C182 in Antarctica

19-Year-Old Pilot Was Attempting to Fly Solo to All Seven Continents On his journey to become the first pilot to land solo on all seven continents, 19-year-old Ethan Guo has hit a >[...]

Classic Aero-TV: Versatile AND Practical - The All-Seeing Aeroprakt A-22 LSA

From 2017 (YouTube Edition): A Quality LSA For Well Under $100k… Aeroprakt unveiled its new LSA at the Deland Sport Aviation Showcase in November. Dennis Long, U.S. Importer>[...]

ANN's Daily Aero-Term (06.27.25): Hazardous Weather Information

Hazardous Weather Information Summary of significant meteorological information (SIGMET/WS), convective significant meteorological information (convective SIGMET/WST), urgent pilot>[...]

ANN's Daily Aero-Linx (06.27.25)

Aero Linx: Historic Aircraft Association (HAA) The Historic Aircraft Association (HAA) was founded in 1979 with the aim of furthering the safe flying of historic aircraft in the UK>[...]

Aero-News: Quote of the Day (06.27.25)

"We would like to remember Liam not just for the way he left this world, but for how he lived in it... Liam was fearless, not necessarily because he wasn't afraid but because he re>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 06.30.25: US v ADS-B Misuse, Nat’l STOL Fire, Volocopter Resumes

Airborne 06.27.25: ANN's HUGE OSH Coverage!, NCAR Racing Seminars, JFK Lawsuit

Airborne Affordable Flyers 06.26.25: PA18 Upgrades, ‘Delta Force’, Rhinebeck

See All

Advertisement

Podcasts

Advertisement

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