US Airways and AMR, the parent of American Airlines, are close to reaching a merger agreement, in a deal that would create the world's largest airline, according to a person familiar with the situation.
CNBC's Phil LeBeau has the update on two big developments coming from the aviation sector this morning. Boeing has a plan to fix its 787 battery problem, and a merger in the works to create the world's largest airline.
Michael Boyd, Boyd Group International chairman, discusses Boeing's new battery plan for its troubled Dreamliner; and weighs in on a mega deal brewing between American Airlines and U.S. Airways.
AMR Corp, the parent of American Airlines, said brighter business prospects might let equity holders receive some value from its reorganization.
Hurricane Sandy smacked the East Coast then turned into Super Storm Sandy. Now, thousands of travelers are no doubt calling her Pain in the Neck Sandy. This, as some airports start operating as normal again others are a long ways from having a regular schedule.
Thousands of airline flights to and from the east coast of the United States have been grounded as a result of Hurricane Sandy, which threatens to be one of the worst ever to hit the East Coast.
Despite jet fuel prices holding at a higher level in the third quarter, two airlines reported strong earnings and reiterated their plans to limit the number of seats they plan to put in the air.
What is the fallout for AMR, and will any of its competitors stand to benefit? Jeff Kauffman, Sterne Agee analyst, weighs in with CNBC's Phil LeBeau.
The Kudlow Report takes a close look at American Airlines and the serious delays the carrier has experienced in recent days. What's going on here? Donald Carty, former AMR chairman & CEO.
Insight on AMR filing for Chapter 11 and what it means for American Airlines, with Robert Crandall, former AMR chairman/CEO.
CNBC's Jim Cramer, Melissa Lee, David Faber, and Carl Quintanilla discuss today's market moving headlines, including Italian bond yields on the rise, AMR's bankruptcy filing, and earnings.
American Airlines parent AMR files for chapter 11 bankruptcy. Insight on why the company is struggling to find a cost structure that is industry competitive, with Stephen Roach, Morgan Stanley Asia non-executive chairman; with CNBC's Phil LeBeau.
Soaring fuel costs are forcing American Airlines' parent into the red. And floods in Thailand are having a major impact on a number of tech stocks, with CNBC's Phil Lebeau & Jon Fortt.
This is about transforming our fleet so we'll have the youngest fleet in the industry. Discussing the airline's Q2 results and its historic aircraft order, with Thomas Horton, AMR Corp. & American Airlines president.
Major airlines are out to report this week. A look ahead of the results, with Helane Becker, Dahlman Rose and CNBC's Phil LeBeau.
Are investors worried about the financial health of the airlines? Insight with Charlie Leocha, Consumer Travel Alliance and Seth Kaplan, Airline Weekly.
Weighing in on whether airlines should be run by the government, with David Callahan, Demos; Peter Schiff, Euro Pacific Capital and CNBC's Phil LeBeau.