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American Airlines Bankruptcy in 2020?


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.

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