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02-26-2003, 01:22 PM
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dbaker
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ITYT Captain
Join Date: Sep 2001
Location: IAH/HOU
Posts: 2,354
Pilots: Bankruptcy Coming for American
Pilots: Bankruptcy Coming for American
Quote:
AMR Corp., parent company of American and American Eagle airlines, could be forced into bankruptcy as soon as May, its pilots' union warned.
An analysis of AMR's finances by the Allied Pilots Association found the Fort Worth-based company has just three months' worth of cash reserves.
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