American Airlines and its parent company AMR Corp filed for bankruptcy on Tuesday after failing to win a labour deal with pilots and suffering from mounting fuel costs.
”Welcome to our oneworld Alliance!” In his jovial and gentlemanly manner, Art Torno, American Airline's Vice President - New York, welcomed members of the Foreign Press Association on board the world of alliances and other topics regarding today's aviation industry.
Delta Air Lines Inc. agreed to buy 100 Boeing Co. 737 single-aisle jets with a catalogue value of 8.5 billion dollars as the carrier postponed plans to buy another 100 smaller jets from Brazil’s Embraer SA or Canada’s Bombardier Inc.
American Airlines has made the world's largest aircraft order, with a plan to buy 460 planes from Boeing and Airbus and options to acquire 465 more. The deal is worth 40 billion US dollars at list prices, with options taking the total to 81bn.