Archive for the ‘american airlines bankrupcty’ Category

American Airlines AMR Bankrupcty

Friday, December 2nd, 2011

The parent company of American Airlines and American Eagle, has filed for Chapter 11 bankruptcy in New York. American Airlines, the nation’s third largest carrier, cited high labor costs, surging fuel prices, and a volatile economy as their reasons for filing bankruptcy. AMR, which employs 88,000 people, is hoping to restructure their debts with their Chapter 11 bankruptcy, and maintain all business operations successfully through the holiday season. In October, the airlines had a combined 9 million passengers, and they are expecting to have many more throughout the upcoming holidays. Aside from getting their debts in order, the airlines main [...] Das landgericht schweinfurt verhängte dabei die höchste freiheitsstrafe auf bewährung, nämlich zwei jahre, wie ein sprecher des gerichts am montag sagte