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American Airlines not considering Chapter 11, demand improving: CEO

May 27, 2020 by  
Filed under News

American Airlines Group Inc’s is not considering a Chapter 11 bankruptcy filing, CEO Doug Parker said in response to a question at a conference on Wednesday, but said he does expect the overall U.S. airline industry to be 10% to 20% smaller in the summer of 2021.


Source: Reuters Business News

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