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American Airlines denies bankruptcy rumor

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

This entry was posted on June 11th, 2008 at 10:47:40 am and is filed under Economic News.

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