amr corp.

Delta, US Airways and AMR, the parent of American Airlines, all posted higher-than-expected earnings for the peak summer travel season. Airlines have pushed fares up by limiting the number of seats for sale, and have also seen growing international and corporate travel.

American Airlines third-quarter revenue per seat mile is likely to see a double-digit increase from a year earlier, as the largest U.S. airline benefits from what appears to be a rebound in travel spending.

American Airlines and Delta Air Lines both reported traffic increases for August, while Continental Airlines will recall 132 furloughed pilots, further indicating that air travel is on the rebound.

United Airlines parent UAL Corp. and AirTran Airways will release their fourth-quarter earnings Wednesday, and both are expected to post improved results, helped by lower jet fuel costs and slower declines in demand.

The number of companies in danger of defaulting on their credit obligations will remain high in 2010. And a disproportionate number of them could come from the U.S.

AMR Corporation (AMR), American Airlines' parent company, said today it has raised $2.9 billion from partners Citigroup (C) and General Electric (GE). And boy, does Fort Worth, Texas-based AMR need that money. Challenges from swine flu fears to high fuel costs to a global recession have put the...

Officials at Japan Airlines (JALSY) aren't acknowledging rumors swirling about link-ups with other airlines that could infuse Asia's largest airline with some much-needed cash. But traders in Japan on Monday, evidently giddy over the prospect, sent shares soaring. Shares of JAL jumped 8 percent in...