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Created: 07/11/2012 10:11 AM KSTP.com | Print |  Email
By: Jennie Olson

American Airlines Reaches out to Merger Partners, Investors

American Airlines says it’s time to reach out to potential merger partners or investors seven months into bankruptcy.

The airline has improved its revenue and made progress on cost-cutting labor deals.

U.S. Airways has been pushed for a merger since American filed for bankruptcy, but American’s CEO has taken a slower approach, preferring to wait until the airline cuts costs and emerges from bankruptcy.
 


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