AA Files for Chapter 11.

This is no surprise and was to be expected. AMR will slash staff wages again like they did 10 years ago, rid themselves of old aircraft and then all will back on track and management will pat themselves on the back about such a great job they did to save the company and will fill their pockets with enormous bonuses.

:ugh::ugh::ugh::ugh::ugh::mad::mad::mad::mad::mad:

Best of luck to the staff in AMR.

Why can every other airline do that without filing Chapter 11? Always amazes me that fleet renewal for AA requires a bankruptcy declaration.

I don't know much about this but how will it affect the Airbus and Boeing deals on the A320neo and 737?

Opportunity for IAG?
 

Move European HQ to USA and list on the US stock market. Will they be tempted?