- posted 10 years ago
Questions on Holding Companies, specifically AMR Eagle Holdings Corporation
I was reading on wikipedia about holding companies. I was surprised on a few things about holding companies.
1. AMR Eagle Holdings Corporation owns all of American Airlines. How is this ownership different than if American Airlines were NOT owned by a holding company?
2. What benefits does it have if ABC Corporation were a part of a holding company VS if it were not part of a holding company?
3. What are the differences in a mutual fund and a holding company?
So why couldn't the founders of Google be a holding company that owns only one stock (that of Google itself)?
AMR Corporation (NYSE: AMR) is a commercial aviation business and airline holding company based in Fort Worth, Texas, United States. Formed in 1982, as part of American Airlines's reorganization, its name derives from American Airlines's ticker symbol on the New York Stock Exchange. In addition to American Airlines, AMR owns TWA Airlines LLC, (formerly Trans World Airlines) and regional airlines American Eagle Airlines, successor to Simmons Airlines, and Executive Airlines by way of AMR Eagle Holdings Corporation. Regional Airlines flown in conjunction with American Airlines marketing brand, known as AmericanConnection, are independent of AMR Corporation's divisions and subsidiaries, but do operate in conjunction with them in order to provide seamless connections to AMRs two principal airline holdings. AMR's and AA's Chairperson, President, and CEO is Gerard Arpey.