Tuesday, 29 November 2011

American Airlines files for bankruptcy protection

DALLAS - The parent company of American Airlines filed for bankruptcy protection Tuesday, seeking relief from crushing debt caused by high fuel prices and expensive labor contracts that its competitors shed years ago. The company also replaced its CEO, and the incoming leader said American would ...


Related News:-

  • Air America files for bankruptcy.


  • Air America Radio has filed for Chapter 11 bankruptcy protection, but the network will stay on the air as it searches for new investors, the AP reports. “The network had ...

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