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american airlines, fuel prices
(Image from article: "American Airlines parent seeks Ch. 11 protection")

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American Airlines parent seeks Ch. 11 protection

American Airlines Bankruptcy

American Airlines' parent company is seeking Chapter 11 bankruptcy protection as it seeks to unload massive debt built up by years of accelerating jet fuel prices and labor struggles.

 

American Air's parent AMR posts loss on fuel costs

AMR Corp, parent of American Airlines, reported on Wednesday a quarterly loss as the company was pressured by high fuel costs and volatile foreign exchange rates.

Senh: They can't make that up with all of the airline fees they're charging consumers?

 

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