Friday October 23, 2020

American just the latest airline to fly into Chapter 11

American Airlines became the latest US airline to enter Chapter 11. Fearghal O'Connor gives a rundown of how other carriers have fared under bankruptcy protection in recent years.

29th November, 2011
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American Airlines announced today that it is to enter Chapter 11 bankruptcy. The US aviation sector is well acquainted with this process and most of the country’s major airlines have gone through it at some point in recent years. Here is how they fared:

**United Airlines:** Two United Airlines aircraft were used in the September 2001 attacks. That combined with rising costs, not least in fuel, saw the airline announce a $2.14 billion loss...

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