Company Overview of American Airlines, Inc.
American Airlines, Inc. provides scheduled airline services. As of December 31, 2012, the company provided scheduled jet service to approximately 160 destinations in North America, the Caribbean, Latin America, Europe, and Asia. It also operates as a scheduled air freight carrier providing freight and mail services to shippers. The company was founded in 1934 and is headquartered in Fort Worth, Texas. On November 29, 2011, American Airlines Inc. filed a voluntary petition for reorganization under Chapter 11 in the United States Bankruptcy Court for the Southern District of New York. The company is in joint administration with AMR Corporation.
4333 Amon Carter Boulevard
Fort Worth, TX 76155
Founded in 1934
Key Executives for American Airlines, Inc.
Senior Vice President of Operations and Senior Vice President of Maintenance & Engineering
Chief Executive Officer of American Eagle and President of American Eagle
Chairman of US Airways and Chief Executive Officer of US Airways
Compensation as of Fiscal Year 2012.
American Airlines, Inc. Key Developments
American Airlines, Inc. Settles Safety Claims for $24.9 Million
May 9 13
American Airlines plans to pay $24.9 million to settle complaints filed by U.S. safety regulators going back several years. The settlement will resolve about $162 million in potential fines against American and its American Eagle regional-flying affiliate over electrical wiring on planes and other issues. The settlement is subject to the bankruptcy court's approval. AMR expects to emerge from bankruptcy protection and merge with US Airways Group Inc. by the end of September. In 2010 the FAA proposed a record penalty of $24.2 million against American over maintenance lapses that caused planes to be grounded and thousands of flights to be canceled in 2008. The FAA said that American crews had not followed proper procedures in restraining electrical wires on many planes, raising the risk of fires and fuel-tank explosions. The airline always insisted that passenger safety was never compromised and that the FAA's charges were overblown. The FAA was investigating American for possible violations of other safety rules when AMR filed for bankruptcy protection in November 2011. Last August the agency filed a claim in bankruptcy court for up to $162.4 million.
American Airlines, Inc. Launches New Service Between Dallas/Fort Worth and Seoul, South Korea
May 9 13
American Airlines, Inc. launched daily nonstop service between Dallas/Fort Worth International Airport (DFW) and Incheon International Airport (ICN) in Seoul, South Korea -- reinforcing American's commitment to expanding and strengthening its global presence, especially in the Asia-Pacific region. Through American's extensive network from Dallas/Fort Worth, customers traveling from South Korea now have one-stop access to nearly 200 additional destinations. The new service is operated as part of American's joint business agreement with fellow oneworld(R) alliance member Japan Airlines. Through oneworld member airlines and their affiliates, American's customers have access to more than 145 destinations within Asia. American designed the inflight experience for the DFW-ICN service with special attention to the culture of the airline's Korean customers. The new route is operated with a Boeing 777-200 aircraft, featuring 16 Suite seats in First Class that transform into fully lie-flat 6-foot-6-inch beds with drop-down armrests. The aircraft will also feature inflight entertainment at every seat, including Korean movies and pop music (K-Pop), Hollywood movies (with Korean audio or subtitles), and games.
American Airlines, Inc. to Pay $24.9 Million to Settle Safety Violations
May 9 13
American Airlines, Inc. plans to pay $24.9 million to settle complaints filed by U.S. safety regulators going back several years. The settlement will resolve about $162 million in potential fines against American and its American Eagle regional-flying affiliate over electrical wiring on planes and other issues. American calls the payment 'a reasonable resolution' to the claims filed by The Federal Aviation Administration.
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