Employees of AMR Corp. (AMR), the parent of American Airlines that sought bankruptcy protection today, may lose about $1 billion in pension benefits if the airline terminates their plans, a U.S. agency said. The Pension Benefit Guaranty Corp., created to protect private retirement benefits, may be ...
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AMR's assets look adequate, but it has a lot of debt and faces other woes.
AMR seen pressured, but not ready for bankruptcy
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UPDATE 1-AMR seen pressured, but not ready for bankruptcy
Oct 4 (Reuters) - American Airlines may be the most likely big U.S. airline to go bankrupt, but the sum of its hardships -- high labor costs and weak cash flow -- do ...
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