Tag Archive | "chapter 11"

American Airlines files Chapter 11

American Airlines files Chapter 11

MEDIA RELEASE American Airlines, Inc. announced its parent company, AMR Corporation, and certain United States-based subsidiaries has voluntarily filed for Chapter 11 reorganization under United States law. American took this action in order to achieve a cost and debt structure that is competitive in the airline industry so that it can continue delivering a world-class […]

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