American Airlines

American Airlines is the latest to file bankruptcy protection. This is a strategy move to reform the company ... After all, all of the following US carriers used the bankruptcy as a business tool.

Nov. 29, 2011 - American Airlines
Jan 5. 2010 - Mesa Air
Oct. 6, 2008 - Sun Country
April 11, 2008 - Frontier Airlines
March 31, 2008 - Aloha Airlines
Sept. 14, 2005 - Delta Air Lines, Northwest Airlines, Comair
Sept. 12, 2004 - US Airways
Dec. 9, 2002 - United Airlines
Aug. 11, 2002 - US Airways
Jan. 10, 2001 - Trans World Airlines (TWA)
Feb. 26, 1998 - Pan American World Airways (Pan Am)
June 30, 1995 - Trans World Airlines
Sept. 21, 1993 - Hawaiian Airlines
Jan. 31, 1992 - Trans World Airlines
June 27, 1991 - America West Airlines
Jan. 8 1991 - Pan Am World Airways
Dec. 3, 1990 - Continental Airlines

Is this a right strategy???
Yes, as long as company survives and able to carry on without extra weight. Also, as long as no tax money is used, it is a strategy.

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