Tuesday, 29 November 2011

AMR Executives Said to Have Begun Bankruptcy Contingency Plans in August

American Airlines executives (AMR) began considering a bankruptcy filing in August and were joined by parent AMR Corp.’s board in October as the carrier prepared a 2012 business plan, people familiar with the matter said. AMR advisers at law firm Weil Gotshal & Manges LLP and investment bank ...


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