How can American Airlines file for Chapter 11 bankruptcy when some carriers are on target to post a profit of close to a billion dollars this year ?
With the new found ways of the industry to make money and lots of it with ad ons such as Bag fees, reservation fees, seat assignment fees, meals, etc. In a year where air travel is up and so are air fares American did not plan well for its future, their equipment is old and therefore they have had to order many new aircraft and for the fleet they currently have more mechanical problems arise which in turn costs them for cancellations and delays. Their work contracts are expensive and their routes are in competition with the other Airlines, instead of finding their own niche routes. A s a legacy carrier and one which I have had some memorable travel on I hope they find a way out and move forward.
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