Free Republic

NBC 5 has learned that Fort Worth-based American Airlines may cut between 10,000 and 15,000 jobs across the company. It is estimated that 1,000 of those jobs to be cut will be at the company's maintenance base at Alliance Airport in north Fort Worth. A meeting where AMR executives are expected to lay out the company's plan for moving forward began mid-morning Wednesday. The plan is expected to include layoffs, pension and pay cuts, and the possible closure of an airplane maintenance facility at Fort Worth's Alliance Airport. SNIP-------- American Airlines' parent company AMR filed for bankruptcy in November of...

American Airlines went bust this morning, which should have come as a surprise to no one who has followed the company and airline industry over the years. (The company recently denied bankruptcy rumors by stating that bankruptcy was "certainly not our goal or preference," which is about as close as a corporation will ever come to saying "Of course we're going to declare bankruptcy, you idiots, why are you even bothering to ask?") But the bankruptcy WILL come as a surprise to the millions of Americans who have repeatedly been exposed to one of the consensual hallucinations that bullish investors...

Meteorologists predicted the Chicago area likely would wake up to below-freezing weather and a foot—or more—of snow.

| As anticipation builds toward the countdown of Gay Games VII in Chicago this July 15-22, American Airlines, the world's largest airline has just been selected the Official Airline of the 2006 Gay Games. Fort Worth-based American Airlines is proud to provide top-notch air travel service bringing the world to Chicago. Highlights of American Airlines partnership with Gay Games VII: * American Airlines and its regional partner American Eagle will provide air travel to support Gay Games operations and to select Gay Games 2006 Scholarship recipients. * American Airlines will offer discount airfare for those traveling to Chicago for the...

CUT THEM DOWN: The Barrett XM-109 Sniper Rifle -------------------------------------------------------------------------------- Sniping just got a whole lot more deadly with the Barrett XM-109 sniper rifle, which marries improved range with the firepower of an Apache helicopter. Sniper Nirvana: The high-powered Barrett XM-109 rifle. XM-109 Rifle: The Skinny Name: Barrett XM-109 Sniper Rifle Type of Equipment: Sniper Rifle Killer Features: Fires 25mm low velocity HEDP ammunition Accurate out to 2,500 meters 46 inches long, weighs 33 pounds. Components interchangeable with M-107 .50 caliber rifle Incorporates BORS ballistic computer Hakkaa Päälle -- the term is Finnish for "Cut them down," and it's been...

  Just Whose Neighborhood Is It Anyway?by Daniel Sargis26 January 2004Through a succession of CEO’s starting with Robert Crandall, American Airlines has demonstrated its grit to become a case study in mismanagement. Always beware of a company that tells you they want to be, “a good neighbor!”  If I learned one thing in my M.B.A. program...a company is in business to serve the long-term best interests of its owners.  All of this “good neighbor” tripe is...well, just tripe.  And American Airlines (AA.) keeps making that point. That “something special in the air” does “what they do best” by “fly(ing) naked”...

FORT WORTH, Texas, Aug. 4 /PRNewswire/ -- AMR Corp. (NYSE: AMR - News) announced that due to the state of current market conditions, it has decided not to sell a convertible debt offering launched earlier today. "With the significant improvement we have seen in AMR's operating results beginning in May, and with our strong cash balance of more than $2.7 billion, we felt it made no sense to proceed with this transaction in market conditions as they evolved today, and which are at odds with the growing improvement of our company," said AMR's Senior Vice President and Chief Financial Officer...

FOR IMMEDIATE RELEASE: Thursday, April 24, 2003 AMR ANNOUNCES NEW LEADERSHIP DONALD J. CARTY STEPS DOWN AS CEO AND CHAIRMAN EDWARD A. BRENNAN NAMED EXECUTIVE CHAIRMAN PRESIDENT AND COO GERARD J. ARPEY APPOINTED AS NEW CEO * Executive Chairman, Edward A. Brennan's Bio and photo * CEO and President, Gerard J. Arpey's Bio and photo * Arpey's Remarks to the Board of Directors * Statement by Don Carty FORT WORTH, Texas ? The AMR Board of Directors accepted the resignation of CEO and Chairman Don Carty today. The Board named Edward A. Brennan as Executive Chairman and current President and...

Developing/..

Monday Hot Flash - April 21, 2003 Until late last week, American had it made. They had engineered an out-of-bankruptcy turnaround that put them eons ahead of the competition. With tough and direct bargaining, management and labor jointly crafted a plan to posture American to not only survive, but grow and prosper. It really looked like they had pulled it off. Now, by trying to hide a measly few million in cushy executive perks, AA management has single-handedly torpedoed the entire deal. American had been extorting the troops to believe that the airline was in deep into the financial weeds,...

After Employees Agree to Cuts, American Airlines Discloses Trust to Shield Executives FORT WORTH, Texas (AP) -- One day after American Airlines employees agreed to annual cuts of $1.8 billion, the cooperative spirit turned acrimonious Thursday as union leaders expressed outrage over newly disclosed perks granted to executives. One angry union leader said if workers had known earlier about a pension trust created last year to protect executives' benefits in the event of a bankruptcy filing, they might have voted against the steep concessions intended to keep the world's largest carrier out of Chapter 11. The executive perks, which included...

Could be a long summer for airline travel!