amr corp (ACP) Snapshot

The new American Airlines will have more top executives from smaller US Airways than from the current American. The companies named eight senior executives including five from US Airways and three from American parent AMR Corp. AMR and US Airways Group Inc. hope to complete their proposed merger this summer. The new team joins US Airways CEO Doug Parker, who will hold the same title after the merger. AMR CEO Tom Horton will serve briefly as chairman before exiting next year. The new leadership team includes US Airways President Scott Kirby and others who have worked alongside Parker for several years. The airlines also announced the 12 directors of the new company, to be called American Airlines Group Inc. They include Parker and Horton. Former Kraft Foods Group Inc. Chairman John T. Cahill will be the lead outside director. The senior executives joining from US Airways are Kirby as president, Derek Kerr as chief financial officer, Robert Isom as chief operating officer, and Elise Eberwein and Stephen Johnson as executive vice presidents. From AMR's ranks, Parker and Horton picked Beverly Goulet as chief integration officer, Maya Leibman as chief information officer, and William Ris as senior vice president of government affairs.

AMR Corporation announced consolidated traffic results for the month and year to date ended May 2013. For the month the company reported revenue passenger miles of 11,974,287,000 compared with 11,875,211,000 for the same period a year ago. Available seat miles was 14,260,187,000 compared with 14,215,485,000 for the same period a year ago. Load factor was 84.0% compared with 83.5% for the same period a year ago. Passengers boarded was 9,370,838 compared with 9,478,370 for the same period a year ago. For the month the company reported revenue passenger miles of 55,585,279,000 compared with 55,408,402,000 for the same period a year ago. Available seat miles was 68,542,054,000 compared with 68,974,287,000 for the same period a year ago. Load factor was 81.1% compared with 80.3% for the same period a year ago. Passengers boarded was 44,056,048 compared with 44,134,217 for the same period a year ago.

AMR Corporation announces daily nonstop service between Miami International Airport (MIA) and Malpensa Airport (MXP) in Milan - further strengthening American's position as a premier provider of international travel to Europe. Through American's extensive network out of Miami, customers traveling from Milan will now have access to more than 100 destinations throughout the United States, Caribbean and Latin America. Customers can begin booking travel on the new route June 2, for travel beginning Nov. 21. Daily MIA-MXP Service Schedule (all times local) AA 206: - Departs MIA at 5:55 p.m. ET; Arrives at MXP at 9:35 a.m. CET the following day AA 207 - Departs MXP at 11:25 a.m. CET; - Arrives at MIA at 4:40 p.m. ET. The new service between Miami and Milan will be operated as part of American's joint business agreement with British Airways and Iberia. Through the airlines' enhanced relationship, American's customers have access to more than 125 destinations throughout Europe. In addition to the new service from Miami, American also currently serves MXP from John F. Kennedy International Airport (JFK) in New York. The new route will be operated with a Boeing 767-300 with 218 seats.