Your submission is now in Draft mode.

Once it's ready, please submit your draft for review by our team of Community Moderators. Thank you!

Submit Essay

Once you submit your essay, you can no longer edit it.

Pending

This content now needs to be approved by community moderators.

Submitted

This essay was submitted and is waiting for review.

American Airlines Bankruptcy in 2020?

Question

American Airlines, Inc. is a major American airline headquartered in Fort Worth, Texas, within the Dallas–Fort Worth metroplex. It is the world's largest airline when measured by fleet size, scheduled passengers carried, and revenue passenger miles. American, together with its regional partners, usually operates an extensive international and domestic network with almost 6,800 flights per day to nearly 350 destinations in more than 50 countries.

Due to the ongoing COVID-19 pandemic and associated travel bans and economic turmoil, the commercial aviation industry has suffered severe disruption. As a result, there is speculation that American Airlines may seek bankruptcy protection in the near future.

This question asks: Before 1 January 2021, will American Airlines, or any parent company thereof, file for Chapter 7 or Chapter 11 bankruptcy protection in the United States?

Resolution is by citation of a relevant court filing or credible media reports in the financial press. The applicable filing need not lead to a grant or ruling by any court or regulatory body; it must only be submitted in order for a positive resolution.

Make a Prediction

Prediction

Note: this question resolved before its original close time. All of your predictions came after the resolution, so you did not gain (or lose) any points for it.

Note: this question resolved before its original close time. You earned points up until the question resolution, but not afterwards.

Current points depend on your prediction, the community's prediction, and the result. Your total earned points are averaged over the lifetime of the question, so predict early to get as many points as possible! See the FAQ.