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American Airlines parent gets $2.9B, shifts routes (AP)

By 7KLnewsbot on September 18, 2009

American Airlines parent gets $2.9B, shifts routes 
    (AP) thumbnail

AP - 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 filing.

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American Airlines parent gets $2.9B, shifts routes
(AP)

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