American Airlines shows 6% revenue increase after bankruptcy
Posted on Friday, October 25th, 2013 at 8:52 pm
American Airlines is experiencing financial success after going through bankruptcy. According to an article released on October 17, AMR Corp., which owns the carrier, recently experienced a 6 percent increase in revenue. The airline is looking to merge with US Airlines Group Inc. as it emerges from its protection under Chapter 11 bankruptcy.
A federal trial will begin in November after the U.S. Justice Department sued to prevent the merger of the two biggest airlines in the U.S.
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