NYCA News
2011-11-30, 09:00 AM
NYCAviation:
American’s Bankruptcy Miracle (http://nycaviation.com/2011/11/americans-bankruptcy-miracle/)
It has long been obvious that, short of a miraculous reduction in its labor and debt costs and increase in revenue, American Airlines needed to restructure its costs in Chapter 11 like every other US legacy carrier had before them.
[Click to Read Full Article (http://nycaviation.com/2011/11/americans-bankruptcy-miracle/)]
American’s Bankruptcy Miracle (http://nycaviation.com/2011/11/americans-bankruptcy-miracle/)
It has long been obvious that, short of a miraculous reduction in its labor and debt costs and increase in revenue, American Airlines needed to restructure its costs in Chapter 11 like every other US legacy carrier had before them.
[Click to Read Full Article (http://nycaviation.com/2011/11/americans-bankruptcy-miracle/)]