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American Airlines forced to seek shelter from economic storm

(independent.co.uk travel news and advice) - 5 months, 3 weeks ago
 American Airlines became the last major US carrier to file for bankruptcy protection yesterday, blaming soaring fuel costs, low-cost airlines and mergers between competitors for its woes. AMR, the parent company of American Airlines and American Eagle, the regional commuter carrier, filed for Chapter 11 protection as it sought to buy time to cut costs and reduce its mounting debts. ...
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