{"id":2492,"date":"2011-11-29T21:34:24","date_gmt":"2011-11-29T21:34:24","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/11\/us-airline-aa-in-bankruptcy-move\/"},"modified":"2011-11-29T21:34:24","modified_gmt":"2011-11-29T21:34:24","slug":"us-airline-aa-in-bankruptcy-move","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/11\/29\/us-airline-aa-in-bankruptcy-move\/","title":{"rendered":"US airline AA in bankruptcy move"},"content":{"rendered":"

American Airlines’ parent company AMR Corporation has filed for Chapter 11 bankruptcy protection in an attempt to cut debt and reduce labour costs.<\/p>\n

The company said it expected the airline to continue to operate throughout the bankruptcy process.<\/p>\n

American Airlines said business would continue as normal and it would honour all bookings and tickets.<\/p>\n

AA was the only major American airline not to file for bankruptcy after the September 11th terrorist attacks.<\/p>\n

The Texas-based corporation said labour rules forced it to spend $600m (\u00a3384m, 450m euros) more than other airlines on staff costs.<\/p>\n

American Airlines’ chairman Thomas Horton said he was confident that the company would emerge in more robust health: “We are committed to maintaining a strong presence in worldwide markets.”<\/p>\n

He added, “I am confident American will emerge even stronger as a global leader known for excellence and innovation”. <\/p><\/p>\n","protected":false},"excerpt":{"rendered":"

American Airlines’ parent company AMR Corporation has filed for Chapter 11 bankruptcy protection in an attempt to cut debt and reduce labour costs. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-2492","post","type-post","status-publish","format-standard"],"yoast_head":"\nUS airline AA in bankruptcy move - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/11\/29\/us-airline-aa-in-bankruptcy-move\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"US airline AA in bankruptcy move - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"American Airlines' parent company AMR Corporation has filed for Chapter 11 bankruptcy protection in an attempt to cut debt and reduce labour costs.\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/11\/29\/us-airline-aa-in-bankruptcy-move\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/11\/29\/us-airline-aa-in-bankruptcy-move\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"US airline AA in bankruptcy move\",\"datePublished\":\"2011-11-29T21:34:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/11\/29\/us-airline-aa-in-bankruptcy-move\/\"},\"wordCount\":146,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/11\/29\/us-airline-aa-in-bankruptcy-move\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/11\/29\/us-airline-aa-in-bankruptcy-move\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/11\/29\/us-airline-aa-in-bankruptcy-move\/\",\"name\":\"US airline AA in bankruptcy move - 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