The bankruptcy filing of AMR Corp. (NYSE: AMR), parent of American and American Eagle Airlines is not expected to have any impact on the company’s recent orders for 200 new aircraft from Boeing Co. (NYSE: BA) and 260 new planes for European Aeronautic Defense and Space Co. (OTC: EADSY), makers of the Airbus family of planes.
Airlines analysts expect the orders to be fulfilled although some delay is possible. American and American Eagle are both expected to continue operations at current levels. The bankruptcy filing is primarily due to the company’s failure to reach labor agreements with its unions.
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