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Topic: US: American Airlines Parent filing for Bankruptcy Protection  (Read 1169 times)

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US: American Airlines Parent filing for Bankruptcy Protection
« on: November 29, 2011, 01:02:16 PM »
http://www.bbc.co.uk/news/business-15935206

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

Excuse my ignorance but how could you come out stronger from bankruptcy?
« Last Edit: November 29, 2011, 01:04:57 PM by Ashley »
There are two things in life for which we are never truly prepared:  twins.


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Re: US: American Airlines filing for Bankruptcy Protection
« Reply #1 on: November 29, 2011, 01:04:34 PM »
Nevermind, the NY Times have explained it to me in a way I understand.

http://dealbook.nytimes.com/2011/11/29/american-airlines-parent-files-for-bankruptcy/

There are two things in life for which we are never truly prepared:  twins.


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