American Airlines bankruptcy

AMR Corporation (AMR): filed for bankruptcy 29 Nov 2011. Came back 9 Dec 2013: AMR merged with US Airways to form American Airlines Group, whose stock began trading on Nasdaq under AAL. Peak close $89.25 a share (1998). Final price $26.77 a share (8 Apr 2014). AMR Corporation and the other defunct companies are on one page, each with its dates, prices and sources.

Key dates and prices

What happened

AMR, the parent of American Airlines, filed for Chapter 11 in New York on November 29, 2011, to get a cost and debt structure it called industry competitive.

American Airlines kept flying its normal schedule during the bankruptcy.

The NYSE suspended AMR stock on January 5, 2012, and it then traded over the counter as AAMRQ.

In an unusual turn, the merger deal with US Airways gave AMR shareholders 3.5 percent of the new company, and more if its share price rose.

AMR merged with US Airways on December 9, 2013, forming American Airlines Group, then the world's largest airline by passenger miles.

By April 8, 2014, each old AMR share had brought 0.744 shares of the new company, worth $26.77 that day.

Old AMR holders ended up with about a third of the merged company's stock.

Cause: Chapter 11 to cut costs, debt. Filed 2011. Landed in a merger, Dec 2013.

What was the ticker symbol for AMR Corporation stock?

AMR Corporation traded under the ticker AMR. AMR Corporation: filed for bankruptcy 29 Nov 2011.

What was the peak price of AMR Corporation stock?

The peak close was $89.25 a share, in 1998. AMR Corporation: filed for bankruptcy 29 Nov 2011.

When did AMR Corporation come back?

AMR Corporation came back 9 Dec 2013. AMR merged with US Airways to form American Airlines Group, whose stock began trading on Nasdaq under AAL.

Checked 29 September 2026. History, not advice.

Sources: sec.gov, sec.gov, dallasnews.com, sec.gov, sec.gov, web.archive.org