Video - National Business News
-
American Airlines files for bankruptcy protection
Posted on November 29, 2011 at 7:25 AM
Updated Tuesday, Nov 29 at 11:25 PM
The parent company of American Airlines filed for bankruptcy protection Tuesday, seeking relief from crushing debt caused by high fuel prices and expensive labor contracts that its competitors shed years ago.
Share
More National Business News Videos
-
Credit: Nachoman-au / Wikimedia Commons
Subway ‘crisis’: Is footlong sub really 11 inches?
-
Over 18,000 jobs lost after Hostess calls it quits
-
Bank of America initiates home loan modification offers
-
Twist, lick and dunk; Oreo celebrates 100 years
-
AB's Budweiser is no longer second best
-
$30 billion fighter jet deal with Saudi Arabia to bring thousands of jobs to St. Louis
-
Unemployment rate drops to lowest since 2009
-
American Airlines files for bankruptcy protection
-
Bank of America to charge $5/month for debit cards
-
Chrysler to repay bailout with bank loans, bonds
