[Travelandtourism] American Airlines files for Bankruptcy

[cheryl echevarria]

NEWS ALERT:  AMR Corp. - the parent company of American Airlines - and its 
AMR Eagle Holding Corp. subsidiary just filed for Chapter 11 bankruptcy 
protection this morning (Tues., Nov. 29).

The carrier says it will continue normal flight operations and schedules 
during the bankruptcy reorganization.

It's struggling with higher labor costs than other airlines and rising jet 
fuel costs, according to a company statement. Until today, America was the 
only U.S. legacy carrier that hadn't filed for bankruptcy protection in the 
past.

American Airlines carries about 240,000 passengers every day, with five 
major hubs (Chicago, Dallas-Fort Worth, Los Angeles, Miami, and New York).

If you book clients with American or its American Eagle regional feeder 
division, you should monitor http://www.aa.com/restructuring for the latest 
updates on the bankruptcy filing and any future impact on AA's operations.

Leading the Way in Independent Travel!

Cheryl Echevarria
http://www.echevarriatravel.com
631-456-5394
reservations at echevarriatravel.com

For daily updates read our blog at
http://www.echevarriatravel.wordpress.com