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AMR Corporation (AAR) [hlAlert]

AMR Corporation operates in the airline industry. The company, through its principal subsidiary, American Airlines, Inc., provides scheduled jet service to approximately 160 destinations throughout North America, the Caribbean, Latin America, Europe, and Asia. American Airlines, Inc. also operates as a scheduled air freight carrier, providing a range of freight and mail
services to shippers. AMR Corporation, through its other subsidiary, AMR Eagle Holding Corporation, owns and operates two regional airlines with approximately 1,500 daily departures, offering scheduled passenger service to approximately 175 destinations in North America, Mexico, and the Caribbean. The company also serves approximately 250 cities in 50 countries with 3,400 daily flights. It has a combined network fleet of approximately 900 aircrafts. The company was founded in 1934 and is headquartered in Fort Worth, Texas. On November 29, 2011, AMR Corporation, alongwith its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of New York.
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