Please boost your Plan to download papers
Professional Challenge: Financial Management Analysis - Research Paper Example
Finance & Accounting
Pages 7 (1757 words)
Financial Management Analysis – AMR Introduction According to PHX Corporate (2011) documents filed with the Securities and Exchange Commission (SEC) indicates that AMR’s principal office is located in Forth Worth, Texas. The company which operates mainly in the airline industry was incorporated in October 1982…
AMR also has a wholly owned subsidiary American Eagle Holding Corporation (AMR Eagle). AMR Eagle owns two airlines – American Eagle Airlines and Executive Airlines. This two airlines operate as regional airlines and do business as American Eagle and are known as American Eagle Carriers (PHX Corporate 2011). These airlines act as feeders for American Airlines. Information provided by PHX Corporate (2011) indicates that American Airlines also have contractual arrangements with independently owned regional airlines which does business as American Connection. These operations consist of a fleet of approximately 900 aircraft which serves approximately 250 cities in some 50 countries with an average of approximately 3,400 flights daily. AMR through its airlines faces competition on its domestic route from Air Tran Airways, Alaska airlines, Continental Airlines, Delta Airlines, Frontier Airlines, Jet Blue, Hawaiian Airlines, Southwest Airlines, Spirit Airlines, United Airlines, US Airways, Virgin American Airlines and their affiliated regional carriers (PHX Corporate 2011). Other competitors that provide domestic transportation include ground and rail services. The competition that AMR’s subsidiaries face has implications for the pricing of the services that they offer and for the profitability and continued viability of their operations. ...
Not exactly what