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BUSINESS
November 1, 1999 | MARY SCHLANGENSTEIN, BLOOMBERG NEWS
AMR Corp.'s American Airlines, the No. 2 U.S. airline, and its pilots have settled most of the issues that led to a February sickout that cost American $225 million and forced cancellation of 6,600 flights. At issue was how to integrate 300 pilots from Reno Air Inc., which American purchased last November, into the ranks of American's pilots. The disagreement led to the pilots' sickout, which snarled air traffic and ended only after a judge fined the Allied Pilots Assn. $45.5 million.
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BUSINESS
January 21, 1996
Discount airline Reno Air Inc. will double its Orange County schedule with the April 4 addition of five daily round trips to San Jose and two to Reno. The flights were awarded by the Orange County Board of Supervisors as part of an annual allocation of takeoff and landing rights under the airport's strict noise controls. Reno Air obtained the extra flights because it will be using a so-called quiet, or stage 3, jet that is exempt from noise-based flight limits.
BUSINESS
January 21, 1996
Discount airline Reno Air Inc. will double its Orange County schedule with the April 4 addition of five daily round trips to San Jose and two to Reno. The flights were awarded by the Orange County Board of Supervisors as part of an annual allocation of takeoff and landing rights under the airport's strict noise controls. Reno Air obtained the extra flights because it will be using a so-called quiet, or stage 3, jet that is exempt from noise-based flight limits.
BUSINESS
June 24, 1994 | From Times Staff and Wire Reports
A lawsuit has been filed in federal court against Reno Air Inc. and two of the company's former executives, charging that the value of the company stock was inflated through deceptive financial statements. Stockholder Gerald Adelman filed the suit Tuesday in U.S. District Court on behalf of investors who bought the stock from March, 1993, to March, 1994. Reno Air spokeswoman Sue Putnam said the company believes "the suit has no merit and we will fight it."
BUSINESS
November 1, 1999 | MARY SCHLANGENSTEIN, BLOOMBERG NEWS
AMR Corp.'s American Airlines, the No. 2 U.S. airline, and its pilots have settled most of the issues that led to a February sickout that cost American $225 million and forced cancellation of 6,600 flights. At issue was how to integrate 300 pilots from Reno Air Inc., which American purchased last November, into the ranks of American's pilots. The disagreement led to the pilots' sickout, which snarled air traffic and ended only after a judge fined the Allied Pilots Assn. $45.5 million.
BUSINESS
December 10, 1998
* AMR Corp.'s American Airlines moved to expand its West Coast business by linking with Alaska Air Group Inc., which jeopardizes Alaska's ties with Northwest Airlines Corp. The carrier provided no specifics on the agreement's terms. AMR also received Justice Department clearance for its planned acquisition of Reno Air Inc.
BUSINESS
July 28, 1998 | Dow Jones
Reno Air Inc. said it will begin offering two daily nonstop flights between Orange County and Seattle on Sept. 15, and four daily nonstop flights between San Jose and Burbank on Oct. 1. Reno Air also said it will begin flying daily nonstop service between Los Angeles and Colorado Springs, Colo. The air carrier plans to reduce its fleet by one and reallocate resources to its most productive routes. It currently operates 28 jets.
BUSINESS
October 8, 2002 | Bloomberg News
AMR Corp., owner of American Airlines, will take a $990-million charge to write down the value of acquisitions such as Trans World Airlines Inc. and Reno Air Inc., widening losses at the largest airline company. The write-down, in line with what the company forecast in July, will be as of this Jan. 1, AMR said in a Securities and Exchange Commission filing. AMR shares fell 56 cents to $3.76 on the NYSE.
NEWS
February 22, 1999
AMR Corp., parent of No. 2 air carrier American Airlines, said it's willing to have a mediator or arbitrator help settle its labor dispute with the Allied Pilots Assn. if current negotiations fail. AMR said a meeting of the union's board today is "the next critical step" in resolving an impasse over pay and seniority guidelines for pilots of low-fare carrier Reno Air Inc. The dispute led members of the 9,200-member union to stage a protest that canceled 6,600 flights earlier this month.
BUSINESS
June 24, 1994 | From Times Staff and Wire Reports
A lawsuit has been filed in federal court against Reno Air Inc. and two of the company's former executives, charging that the value of the company stock was inflated through deceptive financial statements. Stockholder Gerald Adelman filed the suit Tuesday in U.S. District Court on behalf of investors who bought the stock from March, 1993, to March, 1994. Reno Air spokeswoman Sue Putnam said the company believes "the suit has no merit and we will fight it."
BUSINESS
September 27, 2000 | Bloomberg News
* AMR Corp.'s American Airlines will add international flights from San Jose, a city it once abandoned as a hub, to compete for increased business travel by computer-related companies. The world's second-largest airline declined to reveal the new destinations pending a news conference today by Chief Executive Donald Carty. Industry consultants and analysts said the routes probably would be to Paris and London's Gatwick Airport. American this month won U.S. approval for San Jose-to-Paris service.
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