American Airlines 777-200. By Rob Finlayson Even though American Airlines (AA) is in a relatively strong position for a bankrupt airline—with $4.1 billion in cash on hand, more than $6 billion in revenue generated quarterly and an expansive network underpinned by oneworld membership and other international partnerships—chairman, president and CEO Tom Horton acknowledged last week that the Chapter 11 process will be "complex" (ATW Daily News, Nov. 30). He warned ...

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