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American Airlines Parent Company Files for Bankruptcy

By Ceemac126 @PGCBlogging
Image: Tim Beach / FreeDigitalPhotos.netTo allegedly gain leverage and restructure, AMR Corp. has filed for bankruptcy protection.  No need to clutch your pearls and turn in your tickets, according to news sources, airline tickets are still being honored and flights are according to schedule this season.  American Airlines in the no. 3 U.S. airline and certainly not the first U.S. airline to see financial woes. 
The linked article from Business Insider tells of the warning signs that this was coming. 
Article HERE 


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