American Airlines, AMR file for bankruptcy

[Francis]

Wow this is not good news for Travel at Christmas time.. And worse yet it would lead to layoffs of staff at one of the largest Airlines in the US. The consequences of this are extremely grave and although many Airlines have pulled out of Chapter 11 before it's not a good sign of the time at a bad time of the year.. :mad

http://www.reuters.com/article/2011/11/29/us-americanairlines-idUSTRE7AS0T220111129