HOME
The Info List - American Airlines Group


--- Advertisement ---



American Airlines
American Airlines
Group, Inc. is an American publicly traded airline holding company headquartered in Fort Worth, Texas. It was formed December 9, 2013, in the merger of AMR Corporation, the parent company of American Airlines, and US Airways
US Airways
Group, the parent company of US Airways.[6] The airline groups together form the largest airline in the world, with more than 6,700 daily flights to 350 locations in 56 countries worldwide, about $40 billion in operating revenue, over 100,000 employees, and plans to take delivery of 607 new aircraft, including 517 narrowbody aircraft and 90 widebody international aircraft.[7] The integration of American Airlines
American Airlines
and US Airways
US Airways
was completed when the Federal Aviation
Aviation
Administration granted a single operating certificate for both carriers on April 8, 2015.[8]

Contents

1 Merger between AMR Corporation
AMR Corporation
and US Airways
US Airways
Group 2 Ownership 3 References 4 External links

Merger between AMR Corporation
AMR Corporation
and US Airways
US Airways
Group[edit] In January 2012, US Airways
US Airways
Group, the parent company of US Airways, expressed interest in taking over AMR Corporation, the parent company of American Airlines.[7] In March, AMR's CEO Tom Horton said that the company was open to a merger.[9] US Airways
US Airways
(US) told some American Airlines (AA) creditors that merging the two carriers could yield more than $1.5 billion a year in added revenue and cost savings.[10] On April 20, American Airlines' three unions said they supported a proposed merger between the two airlines.[11] With AMR under Chapter 11 bankruptcy protection, American Airlines
American Airlines
had been looking to merge with another airline. Earlier in July, a bankruptcy court filing stated that US Airways
US Airways
was an American Airlines
American Airlines
creditor and "prospective merger partner"; on August 31, US Airways
US Airways
CEO Doug Parker announced that American Airlines
American Airlines
and US Airways
US Airways
had signed a nondisclosure agreement, in which they would discuss the possibility of a merger.[12] In February 2013, American Airlines
American Airlines
and US Airways
US Airways
announced plans to merge, creating, by some measurements, the largest airline in the world. In the deal, which was expected to close in the third quarter of 2013, stakeholders of AMR would own 72% of the company and US Airways shareholders would own the remaining 28%. The combined airline carries the American Airlines
American Airlines
name and branding. The holding company was renamed American Airlines
American Airlines
Group Inc.[13] The US Airways' management team, including CEO Doug Parker, retained most operational management positions. The combination was considered a "merger of equals" between US Airways
US Airways
and American Airlines, retaining the more well-established "American" name going forward.[14] The headquarters for the new airline was also consolidated at American's current headquarters in Fort Worth, Texas.[15][16] US Airways
US Airways
exited Star Alliance upon completion of the merger, and American retained its Oneworld
Oneworld
alliance. Judge Sean Lane approved the merger on March 27, 2013, but declined to approve a proposed $20 million severance package to AA executive Thomas W. Horton.[17] On July 12, US Airways shareholders approved the proposed merger.[18] On August 13, 2013, the United States
United States
Department of Justice along with attorneys general from the District of Columbia, Arizona (headquarters of US Airways), Florida, Pennsylvania, Tennessee, Texas
Texas
(headquarters of American Airlines),[19] and Virginia filed a lawsuit seeking to block the merger, arguing that it would mean less competition and higher prices. American Airlines
American Airlines
and US Airways
US Airways
both said that they would fight against the lawsuit and defend their merger.[20] In early October 2013, the Attorney General of Texas
Texas
quit the anti-trust lawsuit. The Department of Justice reached a settlement of its lawsuit on November 12, 2013. The settlement will require the merged airline to give up landing slots or gates in 7 major airports.[21] Under the deal, the new American is required to sell 104 slots at Ronald Reagan Washington National Airport and 34 slots at LaGuardia Airport. An additional requirement is that American sell two gates at O'Hare International Airport, Los Angeles International Airport, Logan International Airport, Dallas Love Field
Dallas Love Field
and Miami International Airport.[22] Some of the slots will be sold to low-cost carriers such as JetBlue
JetBlue
and Southwest Airlines.[23] A private antitrust suit, filed by a group of 40 passengers and travel agents, also sought to block the merger.[24] American's bankruptcy court judge refused to enjoin the two airlines from merging, saying that the group did not demonstrate that the merger would irreparably harm them.[25] The plaintiffs' lawyer appealed and was turned down at the U.S. District Court level and was further rebuffed at the Supreme Court after Justice Ruth Bader Ginsburg denied a stay request filed by him.[26] Following the Department of Justice approval, the merged company traded on the NASDAQ
NASDAQ
stock exchange under the symbol AAL.[27][28] On July 13, 2015, American announced that it planned to discontinue the US Airways
US Airways
brand name on October 17, 2015. On October 16, US Airways flew its final flight, US Airways
US Airways
Flight 1939, which was a flight from Philadelphia-Charlotte-Phoenix-San Francisco-Philadelphia.[29] Ownership[edit] As of 2017 American Airlines
American Airlines
Group shares are mainly held by institutional investors (T. Rowe Price, Berkshire Hathaway, Primecap Management and others[30]) References[edit]

^ a b c d e " American Airlines
American Airlines
Group Overview". American Airlines, Inc. October 2015. Retrieved December 28, 2015.  ^ a b "World's largest airline formed as American Airlines
American Airlines
and US Airways merge". The Sydney Morning Herald. Fairfax Media. December 10, 2013. Retrieved December 10, 2013.  ^ " American Airlines
American Airlines
Group Executive Leadership Team". American Airlines, Inc. 2015. Archived from the original on 2016-03-16. Retrieved December 28, 2015.  ^ a b " American Airlines
American Airlines
Group Reports Fourth-Quarter and Full Year 2017 Profit".  ^ "Hub and State Fact Sheets". American Airlines, Inc.
American Airlines, Inc.
2014. Retrieved December 28, 2015.  ^ "The new American Airlines". Chicago Tribune. Tribune Publishing. December 8, 2013. Retrieved December 8, 2013.  ^ a b Matt Joyce, Staff Writer (January 26, 2012). " US Airways
US Airways
CEO confirms interest in American Airlines". Charlotte Business Journal. Retrieved March 24, 2012.  ^ Karp, Gregory (April 8, 2015). "American Airlines, US Airways
US Airways
get FAA approval to fly as one carrier". Chicago Tribune. Tribune Publishing. Retrieved April 8, 2015.  ^ " American Airlines
American Airlines
open to merger, CEO hints". Charlotte Business Journal. March 19, 2012. Retrieved March 24, 2012.  ^ "WSJ: US Airways
US Airways
Considers Merger With American Airlines". NewsOn6.com. Retrieved May 17, 2012.  ^ "3 unions push American Air toward US Airways
US Airways
merger talks". Chicago Tribune. April 22, 2012. Retrieved April 20, 2012.  ^ "Creditor, 'prospective merger partner' US Airways
US Airways
gives support to American exclusivity extension". LeveragedLoan.com. July 15, 2012.  ^ Koenig, David (February 19, 2013). "American Airlines' CEO to get $20 million severance". USA Today. Retrieved February 21, 2013.  ^ Harlan, Chico (25 Sep 2015). "Landing a mega-merger: The last days of US Airways". The Washington Post. Retrieved 2 April 2017.  ^ "American Airlines, US Airways
US Airways
unveil $11 billion merger". Reuters. February 14, 2013. Retrieved February 14, 2013.  ^ " American Airlines
American Airlines
and US Airways
US Airways
to Create a Premier Global Carrier—The New American Airlines" (Press release). Fort Worth, TX & Tempe, AZ: AMR & US Airways
US Airways
Group. February 14, 2013. Retrieved February 14, 2013.  ^ "AA- US Airways
US Airways
Merger Approved, Not CEO Severance". KXAS-TV (NBC DFW). Retrieved March 27, 2013.  ^ Jones, Charisse (July 12, 2013). " US Airways
US Airways
shareholders OK American Airlines
American Airlines
merger". USA Today. Retrieved July 15, 2013.  ^ " American Airlines
American Airlines
has no Plan B, will take antitrust fight to court". The Dallas Morning News. August 20, 2013. Retrieved February 16, 2014.  ^ Evan Perez (August 13, 2013). "US government seeks to block American- US Airways
US Airways
merger". CNN.  ^ Maxon, Terry (December 11, 2013). "Confirmed: Settlement reached in the American Airlines- US Airways
US Airways
case". Dallas News. Retrieved November 12, 2013.  ^ Had Mouawad; Christopher Drew (November 12, 2013). "Justice Dept. Clears Merger of 2 Airlines". The New York Times.  ^ Isidore, Chris; Perez, Evan (November 12, 2013). "The Justice Department has reached a settlement with American Airlines
American Airlines
and US Airways that requires the airlines to sell facilities at seven airports in order to complete their planned merger". CNN Money. Retrieved November 12, 2013.  ^ American-US Merger Still Faces Private Antitrust Lawsuit. Frequent Business Traveler (November 18, 2013). Retrieved December 8, 2013. ^ Gives Green Light for American Air Exit from Bankruptcy and Merger with US Airways. Frequent Business Traveler (November 27, 2013). Retrieved December 8, 2013. ^ Supreme Court Declines to Block American, US Air Merger. Frequent Business Traveler (December 8, 2013). Retrieved December 8, 2013. ^ Ausick, Paul (November 15, 2013). "Merged U.S. Airways, American Airlines Will List with Nasdaq". 24/7 Wall St. via Yahoo! Finance. Retrieved November 15, 2013.  ^ US Airways
US Airways
fact sheet ^ "As Airline
Airline
Megamergers Wrap Up, US Airways
US Airways
Flies Into History". NPR.org. Retrieved 2015-10-17.  ^ American Airlines
American Airlines
Group, Inc. Ownership Summary

External links[edit]

Official website

Business data for American Airlines
American Airlines
Group: Google Finance Yahoo! Finance Reuters SEC filings

v t e

American Airlines
American Airlines
Group

Subsidiaries

AMR Corporation

American Airlines Envoy Air Piedmont Airlines PSA Airlines

Related

Envoy Air
Envoy Air
destinations Metro Airlines

List of airline holding companies

v t e

Dow Jones Transportation Average
Dow Jones Transportation Average
components

Alaska Air Group American Airlines
American Airlines
Group Avis Budget Group C. H. Robinson CSX Delta Air Lines Expeditors International FedEx J. B. Hunt JetBlue
JetBlue
Airways Kansas City Southern Kirby Landstar System Matson Norfolk Southern Ryder Southwest Airlines Union Pacific United Continental Holdings United Parcel Service

v t e

Airline
Airline
holding companies of the United States

Current

Alaska Air Group Allegiant Travel Company American Airlines
American Airlines
Group Atlas Air Worldwide Holdings Delta Air Lines, Inc. Hawaiian Holdings Mesa Air Group Republic Airways Holdings SkyWest, Inc. Southern Air
Southern Air
Holdings Southwest Airlines
Southwest Airlines
Co. Trans States Holdings United Continental Holdings

Former

AirTran Holdings AMR Corporation Amtran Atlantic Coast Holdings, Inc. America West Holdings BIA-COR Holdings Inc. Icahn & Co. Flyi Frontier Airlines Holdings Global Aero Logistics Global Aviation
Aviation
Holdings MAIR Holdings Midwest Air Group Metro Airlines Northwest Airlines Corporation Pan Am Corporation Pan Am Systems Pinnacle Airlines Corp. Texas
Texas
Air Corporation Trans World Corporation TPG Capital Transamerica Corporation UAL Corporation US Airways
US Airways
Group

See also: List of airline holding companies

v t e

Companies of the NASDAQ-100
NASDAQ-100
index

21st Century Fox Activision Blizzard Adobe Systems Alexion Pharmaceuticals Align Technology Alphabet Amazon.com American Airlines
American Airlines
Group Amgen Analog Devices Apple Applied Materials ASML Holding Autodesk Automatic Data Processing Baidu Biogen BioMarin Pharmaceutical Booking Holdings Broadcom Limited CA Technologies Cadence Design Systems Celgene Cerner Charter Communications Check Point Cintas Cisco Systems Citrix Systems Cognizant Comcast Costco CSX Ctrip.com International Dentsply Sirona Dish Network Dollar Tree eBay Electronic Arts Expedia Express Scripts Facebook Fastenal Fiserv Gilead Sciences Hasbro Henry Schein Hologic Idexx Laboratories Illumina Incyte Intel Intuit Intuitive Surgical J. B. Hunt
J. B. Hunt
Transport Services JD.com KLA-Tencor Kraft Heinz Lam Research Liberty Global Liberty Interactive Marriott International Maxim Integrated
Maxim Integrated
Products MercadoLibre Microchip Technology Micron Technology Microsoft Mondelez International Monster Beverage Mylan NetEase Netflix Nvidia O'Reilly Auto Parts Paccar Paychex PayPal Qualcomm Regeneron Ross Stores Seagate Technology Shire Sirius XM Holdings Skyworks Solutions Starbucks Symantec Synopsys T-Mobile US Take-Two Interactive Tesla, Inc. Texas
Texas
Instruments Ulta Beauty Verisk Analytics Vertex Pharmaceuticals Vodafone Walgreens Boots Alliance Western Digital Workday W

.