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American Airlines file for Chapter 11 protection


29 November 2011


Author: James Gordon Meek


Taken from: BBC - American Airlines file for Chapter 11 protection


American Airlines' parent company AMR Corporation has filed for Chapter 11 bankruptcy protection.

The Texas-based company said it expected the airline to continue to operate throughout the bankruptcy process.

The company said business would continue as normal and would honour all bookings and tickets.

American Airlines' chairman Thomas Horton said he was confident that the company would emerge stronger.