US: Exim sued for giving loan guarantee to AI

US: Exim sued for giving loan guarantee to AI Washington: The US airline industry has sued the Export Import Bank (Exim) alleging that its financial support to Indian national carrier Air India, which itself is in deep red, will harm the American airlines. In a revised complaint filed before a US court on Friday last week, the Air Transport Association of America, Delta Air Line and Air Line Pilots Association International, alleged that Exim Bank's decision to provide a...
12:25 PM, Feb 20, 2012

American Airlines files for bankruptcy

American Airlines files for bankruptcy Washington: American Airlines filed for bankruptcy protection on Tuesday to cut labor costs in the face of high fuel prices and dampened travel demand, capping a prolonged descent for what was once the largest US carrier. AMR Corp, the parent of American Airlines, also filed for bankruptcy and replaced its chief executive. The company, which employs about 88,000, has been mired for years in fruitless union negotiations, complaining that it...
08:37 AM, Nov 30, 2011

Kingfisher, American Airlines ink frequent flier pact

Kingfisher, American Airlines ink frequent flier pact Bangalore: Kingfisher Airlines on Thursday said it has signed a comprehensive frequent flier agreement with American Airlines. Kingfisher Airlines is a member-elect of the world's leading quality airline alliance, oneworld, of which American Airlines is a founder member. As a result of this agreement, which covers the entire route network of both airlines, King Club members would be able to earn King Miles even when they fly on American Airlines...
02:13 PM, Nov 03, 2011

Rajat Gupta quits from 3 corporate boards

Rajat Gupta quits from 3 corporate boards Boston: Indian-American Rajat Gupta, the former McKinsey head accused of passing insider tips to Galleon Group's billionaire hedge fund manager Raj Rajaratnam, has resigned from three corporate boards, including American Airlines. In a filing to US market regulator Securities and Exchange Commission, AMR Corp, the parent company of American Airlines, on Monday said that 62-year old Gupta "voluntarily resigned from the boards of directors of AMR Corporation and its subsidiary,...
12:26 PM, Mar 08, 2011

US plane breaks into 2 pieces, passengers survive

US plane breaks into 2 pieces, passengers survive Sources said all passengers were off the plane that carries 140 people. ...
12:36 PM, Dec 23, 2009

American Airlines staff held on drug charges

American Airlines staff held on drug charges They were allegedly smuggling suitcases loaded with cocaine. ...
11:40 AM, Sep 17, 2009

Jet Airways to partner American Airlines

Jet Airways to partner American Airlines Jet Airways announced an agreement with American Airlines to tap growing passenger traffic. ...
03:36 PM, Nov 20, 2007
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