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Archive Home > 2009 > September > 18 > American Airlines parent gets $2.9B

American Airlines parent gets $2.9B


September 18, 2009

ATLANTA — American Airlines’ parent company said Thursday it is taking on significant new debt at a time when revenues are being hammered, but the $2.9 billion in cash and fresh financing it raised should quiet concerns — for now — that it is in danger of a cash crunch and a bankruptcy....

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