American Airlines parent files for bankruptcy

posted by
November 29, 2011
Washington Post    
Posted in News

"Saddled with an aging fleet of aircraft and high labor costs, the parent company of American Airlines filed for bankruptcy Tuesday, seeking protection from creditors while it restructures its operations. The airline said operations would continue, all flights would depart on schedule and that frequent flyer miles would be honored." (11/29/11)  

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