American Airlines and its parent company AMR Corp filed for bankruptcy on Tuesday after failing to win a labour deal with pilots and suffering from mounting fuel costs.
Source: http://en.mercopress.com/2011/11/29/american-airlines-files-for-bankruptcy-plans-to-cut-drastically-labour-costs?utm_source=feed&utm_medium=rss&utm_content=main&utm_campaign=rss
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