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IMPORTANT: Bing News RSS feed has moved!America has, after all, defaulted explicitly on its debt four times in its history ... If history is any guide, fiscal consolidation will result in increased indebtedness on a supranational level. This indebtedness is solved in one of two ... Read moreThe Euro debt crisis - an American analogyBankruptcy leaves the company vulnerable to potential takeover attempts from would-be suitors like US Airways, whose chief executive Doug Parker has long promoted consolidation ... costs and restructure debt. Neither American nor US Airways ... Read moreDEALTALK-AMR bankruptcy could spur more airline consolidationAmerican will use the bankruptcy process to reduce debt and cut costs that made it untouchable ... He suggests US Airways and its pro-consolidation management "may provide that avenue" for American, which has fallen from No. 1 to No. 3 among U.S. airlines ... Read moreAMR bankruptcy sparks American-US Airways merger speculationDebt has become an American epidemic. As of May 2011 ... Chapter 7 or 13 Bankruptcy Credit Counseling Consolidation loans Debt Settlement Or simply keep making minimum payments, if you can, and hope that things get better. Read moreFiscal Fitness: The Best Option for Consumer Debt Relief?Competitors used bankruptcy to shed costly labor contracts, unburden themselves of debt, and start making ... AMR's move could also trigger more consolidation in the airline industry -- some analysts believe American is likely to merge with ... Read moreAmerican Airlines parent company files for bankruptcy, replaces CEOUnfortunately, neither bankruptcy court nor consolidation really address two ... next oil price spike occurs and bankruptcy won’t help American Airlines or anyone else. Insurmountable levels of debt are another albatross around the neck of the legacy ... Read moreFlight Diversions - American Airlines Bankruptcy Doesn’t Solve the Airline Industry’s Core ProblemsAmerican will use the bankruptcy process to reduce debt and cut costs that made it untouchable ... Effect on airline industry More consolidation would reduce competition and likely lead to higher fares for consumers. This would help airline ... Read moreAmerican, US Airways could tie the knotThe industry may be unprofitable next year should the debt crisis “spiral out of control ... The regulatory environment would allow further consolidation in Europe and North America, Pearce said in the interview, while acting to prevent ... Read moreGlobal Airlines’ 2012 Profit Forecast Reduced by IATA on Euro Debt CrisisUntil the bankruptcy, the plan was for American to own the planes and lease them to Eagle while keeping more than $2 billion of debt linked to the aircraft ... landscape marked by larger planes, consolidation and demands by big carriers for ... Read moreFor additional information, please see:
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