Tag: American Airlines bankruptcy
Does A Takeover Of American Airlines Make US Airways A Buy?
There was some interesting news last week from the airline industry. Since many investors shy away from volatile airline stocks, you may not have seen this. Apparently, US Airways (LCC) is discussing a possible takeover plan with American Airlines. Keep in mind, American recently filed for Chapter 11 bankruptcy. What a crazy change of fortunes […]
American Airlines (AMR) Is A Penny Stock!
Im sure youve heard it by now AMR (AMR), the parent company for American Airlines, has just filed for Chapter 11 bankruptcy. As of this writing, shares in AMR are trading for a minuscule $0.33. You know what that means American Airlines is a penny stock! I know, I know ho hum. Another airline […]
