Archives for: June 2008, 11

American Airlines denies bankruptcy rumor

June 11th, 2008

American Airlines spokesman, Andy Backover, denied the rumors that the major U.S. carrier was about to file for bankruptcy protection in a Dallas Morning News report. The rumors started in a DealReporter story that quoted "unnamed sources" saying "bidders for AMR's regional carrier American Eagle would be cautious based on a risk of AMR filing bankruptcy".

You can read the entire article at:
http://www.upi.com/Business_News/2008/06/05/American_Airlines_denies_bankruptcy_rumor/UPI-86211212686960/print/

Chandra

Posted in Economic News | Send feedback »

J. Michael McBride firm offers legal representation in bankruptcy proceedings, primarily for large corporation creditors nationwide. Bankruptcy law: adversary proceedings, fraudulent transfers, preferences, overall creditor representation in bankruptcy matters. Commercial Creditors are primary clients.
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