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It’s no secret that most of the major airlines are a bit of a mess, what with the poor economy, rising fuel prices, lots of layoffs and declining customer service, as I footnoted here. And the stocks of various airlines, as reflected by this index are clearly in the dumps. Despite this, two major carriers [...]
Nearly seven weeks ago, we footnoted about what seemed like an interesting disclosure at AMR (AMR), the parent company for American Airlines, which disclosed a sizable increase in the number of airworthiness directives it had received in its 2007 10-K. At the time, the stock was trading at around $14.50 a share. Fast forward to [...]
Yesterday, I booked some tickets on American Airlines because I need to be in Dallas and Kansas City next month for speaking gigs. And it’s a good thing for parent-company AMR (AMR) that the tickets are non-refundable because the 10-K they filed yesterday raised some interesting concerns, like this one: As part of that oversight, [...]
