AMR, the parent company of American Airlines, says it is reaching out to other airlines in search of a merger. US Airways has previously shown very public interest in joining forces.
It's rumored that US Airways may soon merge with the bankrupt parent company of American Airlines. Mergers usually bring promises of frequent flier guarantees and hub airport assurances, but do they actually happen?
American Airlines floated the idea of eliminating pension programs for workers to help its financial situation. But now the airline is backing away from that idea.
The Association of Professional Flight Attendants says it wants Alec Baldwin's show, "30 Rock," banned from in-flight entertainment unless he issues an apology.
It looks like the bankrupt airline could hand over employee pensions to the Pension Benefit Guaranty Corporation. The PBGC's Josh Gotbaum talks about what would happen.
