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AMR has been in labor talks with its pilots for five years, but a failure to reach an agreement earlier this month sparked speculation of bankruptcy filing.
American Airlines said today it may still have to file for bankruptcy, even after reaching deals with more than 100 suppliers, aircraft lessors and other creditors that will save it more than $175 ...
AMERICAN Airlines and its parent company AMR Corp filed for bankruptcy yesterday after failing to win a labour deal with pilots and suffering from mounting fuel costs.