Tuesday, November 29, 2011

American Airlines files for bankruptcy protection

American Airlines 'parent company is seeking Chapter 11 bankruptcy protection as it seeks to unload massive debt built up by years of accelerating jet fuel prices and labor struggles.
American was founded in 1930 from the combination of more than 80 smaller carriers. It now flies about 240,000 passengers per day and has about 78,000 employees.
About That Jet Plane Bubble. 
$40 billion of Boeing jet orders at the mercy of a U.S. bankruptcy court, lawyers and bankruptcy experts

___________________________
99% BAD HARDWARE WEEK:What use of Airplane when you have Internet and Google?

Comments: Post a Comment



<< Home

This page is powered by Blogger. Isn't yours?