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AMR, American Airlines downgraded as 'heavy losses' expected

Standard & Poor's Ratings Services has lowered its ratings on AMR Corp. and subsidiary American Airlines Inc.

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Research and Markets: AMR (American Airlines) Report: Is The Industry A Sinkhole For Investors - During The Past Four Months, AMR's Shares Have Declined 61%

PermalinkTo save a permanent link to this news, right-click the date and time (Ctl-click on a Mac) and choose the command to copy the link, link location or shortcut.Research and Markets: AMR (American Airlines) Report: Is The Industry A Sinkhole For Investors - During The Past Four Months, AMR’s Shares Have Declined 61% DUBLIN, Ireland--()--Research and Markets () has announced the addition of the...

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Standard & Poor's lowers American Airlines' ratings

Standard & Poor’s Ratings Services has lowered its ratings on Fort Worth-based AMR Corp. and subsidiary American Airlines Inc. (AMR)

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Standard & Poor's lowers debt grades on AMR, American Airlines

Standard & Poor's Ratings Services has lowered its ratings on AMR Corp. and subsidiary American Airlines Inc. (AMR)

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S&P downgrades American Airlines, others 11:56 AM CT

He lowered the long-term corporate credit ratings on American, the nation's largest carrier and its parent, AMR Corp., further into junk – to 'B-' from 'B' – and did the same for United and its parent UAL Corp. The outlook for both is negative. Northwest Airlines Corp. also went one notch further into junk, to 'B' from 'B+' with a negative outlook.

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S&P cuts Northwest, American, United on high fuel prices

SAN FRANCISCO (MarketWatch) -- Standard & Poor's Ratings Services on Friday lowered ratings on several major U.S. airlines, including Northwest Airlines , American Airlines and United. The ratings agency cut Northwest to B while ratings of AMR Corp. , American, UAL Corp. and United were lowered to B- from B. S&P cited expected losses and reduced or negative operating cash flow caused by high fuel...

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Online Travel Trouble: American To Ditch Kayak; Is Orbitz Next?

Erick Schonfeld submits: After years of ceding the upper hand in online travel to booking sites like Kayak and Orbitz (OWW), American Airlines (AMR) is about to fight back. According to the CEO of a competing travel site, American Airlines is about to pull its airline listings out of Kayak and is considering doing the same with Orbitz. If it does so, other airlines such as Continental (CAL) and Northwest...

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New York City - NYC Should Eliminate Hotel Tax For Out Of Town Relatives Visiting Sick In The Hospital

New York City - A tip of the hat to the tax lawyers for American Airlines, William Ault and Jay Rosen of Deloitte Tax LLP. ,they are on the verge of having litigated their way out of more than $200,000 in New York City hotel taxes on the basis of a provision that says that [...]

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Flying Becoming More Expensive

The red ink is mounting for airlines amid soaring fuel costs, leaving them little choice but to further increase ticket prices. As Delta Air Lines and American Airlines reported big second-quarter losses last week, they signaled customers should expect more hits to their checkbooks.

1Vote!

Flying Into Expensive Skies

The red ink is mounting for airlines amid soaring fuel costs, leaving them little choice but to further increase ticket prices. As Delta Air Lines and American Airlines reported big second-quarter losses last week, they signaled customers should expect more hits to their checkbooks.

1Vote!

American Airlines and Google settle lawsuit

American Airlines has dropped its lawsuit against Google Inc. over its search engine directing some users to advertisements for the airline's competitors.

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Apple issues recall for 3G iPhone

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American Airlines Settles Google Trademark Lawsuit

"American Airlines, a unit of AMR Corp., dropped a trademark lawsuit against Google Inc. over the search engine's use of the carrier's name to trigger paid Internet advertisements for competitors."

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MLS team helps restrain wild passenger

Members of the New England Revolution, traveling to play Chivas USA on Sunday, play a role in subduing man who tried to open an emergency exit door in flight. An American Airlines flight headed from Boston to Los Angeles and carrying the New England Revolution soccer team was forced to make an unscheduled stop in Oklahoma City on Friday after a male passenger who had earlier stripped off his clothes...

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American to cut 1,500 support jobs

AMR Corp.'s American Airlines will cut 1,300 mechanic and maintenance jobs, accounting for almost 20 percent of the positions it plans to eliminate this year. An additional 200 management and support jobs in those operations also will be dropped, spokeswoman Tami McLallen said yesterday.