AMR Corporation

AMR Corporation was a commercial aviation business and airline holding company based in Fort Worth, Texas, which was the parent company of American Airlines, American Eagle Airlines, AmericanConnection and Executive Airlines. AMR filed for Chapter 11 bankruptcy in November 2011, and merged with US Airways Group on December 9, 2013 to form American Airlines Group, Inc.

History

AMR Corporation was formed in 1982, as part of American Airlines's non-bankruptcy reorganization into a Delaware corporation, its name derives from American Airlines's former ticker symbol on the New York Stock Exchange.

On November 29, 2011, AMR Corporation filed for Chapter 11 reorganization bankruptcy with $4 billion of cash.

The decision came as the airline tried to "achieve a cost and debt structure that is industry competitive and thereby assure its long-term viability and ability to continue delivering a world-class travel experience for its customers," the company said in a statement. American Airlines stated that despite the filing it was continuing normal operations. Chairman and CEO Gerard Arpey stepped down and was replaced by company president Thomas W. Horton.