American Airways was developed from a conglomeration of 82 small airlines through acquisitions in 1930 and reorganizations. In 1934, American Airways Company was acquired by E.L. Cord, who renamed it "American Air Lines". American Airlines was first to cooperate with Fiorello LaGuardia to build an airport in New York City, and partly as a result became owner of the world"s first airline lounge at the new LaGuardia Airport (LGA), which became known as the Admirals Club. After World War II, American acquired American Export Airlines, renaming it as American Overseas Airways, to serve Europe; AOA was sold to Pan Am in 1950. AA launched another subsidiary, Líneas Aéreas Americanas de Mexico S.A., to fly to Mexico and built several airports there. Until Capital merged into United in 1961 AA was the largest American airline, which meant second largest in the world, after Aeroflot.
From 1980s to 1990s was the time of expansion, with the opening of new hubs and destinations. However, business went through a hard phase with concern over airline bankruptcies and falling stock prices after that. But through the 1990s, American expanded its network in Latin America to become the dominant U.S. carrier in the region. In 1999 American Airlines, together with British Airways, Cathay Pacific, Canadian Airlines and Qantas, founded the global airline alliance Oneworld.
American Airlines began losing money in the wake of the near bankrupt Trans World Airlines merger and the September 11, 2001, attacks (in which two of its planes were destroyed). On November 29, 2011 AMR Corporation filed for Chapter 11 bankruptcy protection with $4 billion of cash, though it’s still continuing normal operations, despite the filling.
About the airline
American Airlines, Inc. (AA) is the world"s fourth-largest airline in passenger miles transported and operating revenues. American Airlines is a subsidiary of the AMR Corporation and is headquartered in Fort Worth, Texas adjacent to its largest hub at Dallas/Fort Worth International Airport. In addition American has other four hubs, namely: Chicago (ORD), Miami (MIA), New York (JFK), and Los Angeles (LAX). American currently operates maintenance bases at Tulsa (TUL) and Fort Worth Alliance (AFW). American has two affiliates: American Eagle and AmericanConnection. American serves the third largest number of international destinations, after Continental Airlines and Delta Air Lines.
American operates an extensive international and domestic network, with scheduled flights throughout North America, Latin and South America, Europe, Asia/Pacific and the Caribbean. New York-LaGuardia serves as a focus city.
Currently, American Airlines operates an all-Boeing fleet (including aircraft produced by McDonnell Douglas before it merged with Boeing in 1997), including: 167 Boeing 737–800, 120 Boeing 757–200, 15 Boeing 767-200ER, 58 Boeing 767-300ER, 47 Boeing 777-200ER, 119 McDonnell Douglas MD-82 and 84 McDonnell Douglas MD-83.