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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (83857)4/23/2003 8:28:47 PM
From: SiouxPal  Respond to of 122088
 
Like Arsenio Hall on Star Search he
"Hit them with the digits!" LOL



To: StockDung who wrote (83857)4/24/2003 9:32:58 AM
From: Taki  Read Replies (1) | Respond to of 122088
 
A: AMR's American Airlines could file for Chapter 11 today
A: AMR's American Airlines could file for Chapter 11 today

FORT WORTH, Texas, Apr 24, 2003 (AFX-Asia via COMTEX) -- AMR Corp's American
Airlines may file for bankruptcy protection as early as today amid a worsening
dispute with its unions, reported local newspaper St Louis Post Dispatch.

Two congressmen from the Dallas area told the newspaper late yesterday that the
carrier is prepared to file for protection from creditors if it cannot resolve
the dispute.

Unions are seeking to oust CEO Don Carty for withholding information about
executive bonuses.

"If it is left unresolved, there's a pretty good chance the board will approve a
Chapter 11 filing," congressman Martin Frost was quoted as saying in the
newspaper.

A spokesman for American Airlines had no comment.

American has said as many as 9,000 more employees would lose their jobs if the
airline files for Chapter 11, said the report.

newsdesk@afxnews.com

mcc/jms



Copyright 2003. AFX News Ltd. All rights reserved.

-0-


KEYWORD: United Kingdom
United States of America
INDUSTRY KEYWORD: Aerospace
SUBJECT CODE: General News
Government Regulatory Actions
Bankruptcies, Receiverships, Liquidations

*** end of story ***