RE: American Airlines to file chapter 11?
They are going to go bankrupt unless they can make some serious savings.
That partly means bringing back the F100’s and 727’s and trying to sell of the 737-800’s and 757’s, or refusing to pay Boeing for new ones. Certainly, no new deliveries. Stopping some routes and closing some bases is also vital.
It also means cracking the union nut. I think United could have set a trend there, but they seem to have lacked the balls to take decisive action.