AMR Corp., parent of American Airlines and American Eagle, has filed for Chapter 11 bankruptcy protection. Beset with high labor and fuel costs as well as crushing debt, AMR Corp. filed for Chapter 11 bankruptcy protection Tuesday in New York City and
What Bankruptcy Means for Travelers and American Airlines: The Chapter 11 bankruptcy protection filing by American Airlines and its parent, AMR Corp., will likely not have much direct impact on travelers. American will no doubt get smaller,
American Airlines, the world's fourth largest airline, has filed for Chapter 11 bankruptcy protection. The decision comes as the airline tries to “achieve a cost and debt structure that is industry competitive and thereby assure its
Company says it will continue normal flight operations during the reorganization.
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