Latest topics
Social Networks
Links to Affiliates and Resources
Displaced American Workers United
Outsaurus
Extend Unemployment Benefits
Unemployed Workers.org.
Examiner.com Denver
99ers.net/
American Airlines Files for Bankruptcy
Page 1 of 1 • Share •
American Airlines Files for Bankruptcy
http://www.huffingtonpost.com/2011/11/29/american-airlines-bankruptcy_n_1118197.html?ref=daily-brief?utm_source=DailyBrief&utm_campaign=112911&utm_medium=email&utm_content=NewsEntry&utm_term=Daily%20Brief
DALLAS — The parent company of American Airlines filed for bankruptcy protection Tuesday, seeking relief from crushing debt caused by high fuel prices and expensive labor contracts that its competitors shed years ago.
The company also replaced its CEO, and the incoming leader said American would probably cut its flight schedule "modestly" while it reorganizes. He did not give specifics. American said its frequent-flier program would be unaffected.
AMR Corp., which owns American, was one of the last major U.S. airline companies that had avoided bankruptcy. Competitors used bankruptcy to shed costly labor contracts, unburden themselves of debt, and start making money again. Delta was the last major airline to file for bankruptcy protection, in 2005. read more
Hunterforjobs- Member
- Posts : 502
Join date : 2011-02-18

» Sri Lanka airline catering unit listing shelved
» Can PCH compete with HelloCorp?
» IS VITAMIN-C EFFECTIVE AGAINST EBOLA??
» American Leadership: Saudi Arabia and the United Arab Emirates participated bombing of oil refineries for " Daash "in Syria
» US company to recruit 3,000 Sri Lankan nurses for US hospitals
» Can PCH compete with HelloCorp?
» IS VITAMIN-C EFFECTIVE AGAINST EBOLA??
» American Leadership: Saudi Arabia and the United Arab Emirates participated bombing of oil refineries for " Daash "in Syria
» US company to recruit 3,000 Sri Lankan nurses for US hospitals
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» UF2 Members Chat Thread: Part 3
» UFO 2.1 VIDEO JUKEBOX - Our Chords & Keys To Ascension
» I see this board has been quiet
» Hello Ya'll. *Theirmommie*
» 20 % of Americans Struggle To Buy Food
» The Make Some One Day Challenge
» Clues to why they not hiring you
» New Year Nothing Change
» Passed?!?! H.R. 3979: Emergency Unemployment Compensation Extension Act of 2014
» Forbes: America's #1 Problem is Jobs, Not Debt
» Economy just getting worse
» January Jobs Report: U.S. Economy Adds 157,000 Jobs; Unemployment Rate Up To 7.9 Percent
» Hey Guys!!!!
» Up all NIGHT WORRIED!