Liquidation

A spokesman for American said Thursday that the company is focused on its own plan to reorganize under bankruptcy protection, which he called the best option for the airline's 73,000 employees. US Airways Group Inc., based in Tempe, Ariz., declined to comment.

Yet, making things worse just might often be the outcome that occurs when you muddle through your own representation instead of doing the right thing which will be retaining the services of an bankruptcy attorney. Ultimately, if you wish to ...

The labor consensus has emerged as Fort Worth, Texas-based American prepares to ask a federal bankruptcy court on April 23 for ... US Airways extended earlier gains, rising 7.9 percent to $8.85 at 2:02 p.m. in New York. The shares of the fifth ...

Bankruptcy is bringing income down at American Airlines Inc. parent AMR Corp., as restructuring costs pushed the company into a $1.7-billion loss for the first quarter. Without the $1.4-billion bankruptcy burden, AMR said its loss would have ...

The latest round of cuts were announced on Wednesday, a day before the airline announced a first-quarter loss of $1.7 billion, thanks largely in part to expenses incurred during bankruptcy. The AP reported other changes announced by American: "The company ...