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American Airlines files for bankruptcy

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http://www.euronews.net/ American Airlines and its parent company AMR Corp have filed for bankruptcy after failing to strike a deal with pilots over labour costs.

The company has had the highest running costs in the US air travel industry after its rivals had successfully managed to reduce theirs through bankruptcy. It was the only major airline still funding workers’ pensions.

AMR says it expects to keep flying during bankruptcy proceedings.

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4 Comments

4 Comments

  1. @ACDsRandomness2

    March 16, 2024 at 7:09 am

    Who cares if the airline is not rely bankrupt! Like if you just cant wait for this airline to die and cant wait to see United and Delta and US and others to get better!!!!!

  2. @smjp22

    March 16, 2024 at 7:09 am

    they fleece the worKers, BUT the gas, banks, etc get paid in full. Workers making a wage are punished if they dont buckle. Fucking cronie capitalistic system! REINSTITUTE COMMON LAW!!

  3. @cervantessssssssssss

    March 16, 2024 at 7:09 am

    Absolutely, they're being liquidated and looted by the ceos and shareholders.. no way they're broke w their prices and assets. Recall how they robbed the taxpayers billions just a short while ago?

  4. @selfsenter

    March 16, 2024 at 7:09 am

    Its not bankrupt. Its just the CEO's refuse to accept a monthly salary that's not in the millions.

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Demand for firewood soars in Austria amid gas supply fears

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The increase in energy prices in Austria accompanied by soaring inflation has prompted locals to return to burning wood.

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Solar panels built from waste crops can make energy without direct light

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Solar fashion and vertical solar farms are the future with this new material that doesn’t need direct sunlight to make electricity.

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Swimming in sewage? Here are the beaches to avoid in this UK holiday hotspot

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The beaches of the renowned holiday destination the Isle of Wight are contaminated with human waste. The issue has led to people getting sick.

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Spotify hit with $1.6 bln copyright lawsuit

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Music publishing company alleges the streaming service failed to get a proper licence allowing it to distribute thousands of songs, including those of Tom Petty, Neil Young and the Doors.…
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Under the bonnet: How have planes changed over time?

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You might think planes look the same as 60 years ago but subtle engineering advances have made big changes. Let’s look under the bonnet to find out what they are.

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