Tuesday, November 29, 2011
American Airlines Files for Chapter 11
American Airlines' parent company, AMR, filed for Chapter 11 bankruptcy protection in response to increasing labor costs and rising fuel prices.
Sources:
Fox News
CNN
The Economist
CNBC
Austin American-Statesman
Watch video:
http://www.newsy.com/videos/what-does-aa-bankruptcy-mean-for-company-fliers/
By Mallory Perryman
Anchor: Megan Murphy
Link courtesy of Newsy.com
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