American Airlines Files For Bankruptcy Protection | WAMU 88.5 - American University Radio
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American Airlines Files For Bankruptcy Protection

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The parent company of one of the nation's largest airlines filed for Chapter 11 bankruptcy protection Tuesday morning. AMR Corporation, which runs American Airlines and American Eagle, said that bankruptcy is in the best interest of the companies and its stakeholders. The companies say the Chapter 11 process will enable them to continue conducting normal business operations while they restructure their debts.
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