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Distressed Debt Research-AMR Corp.

 

 

                              American Airlines

                                   AMR Corp.

 

On 11/29/2011, AMR Corporation and its subsidiary American Airlines Inc filed for Chapter 11 Bankruptcy. The Company has approximately $ 4 billion in cash and short term investments. American Airlines fleet numbers 900 aircraft. The carrier serves 260 airports in 50 countries with 1800 daily flights.

AMR's plan is to cut costs by $ 2 billion over the next five tears, mostly by reduced labor costs. The company wishes to increase revenue by $1 billion and increase flights 20 %. The Company feels the cuts in labor costs are needed to bring AMR inline with the rest of the industry.

 

Stephen P. Vlahos

 

For a complete list of AMR's public debt contact:

 Performance Plus Advisors, Inc.

727-441-1305 ext 201

 

 

 

                                      

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Distressed Debt Research Report-Ual Corp.

1/15/04 Buy misc. secured ETC's at 35.    Return !00%- Holding period 1 year.

1/15/04 Buy unsecured debt at 15.           Return 30%--  Holding period 18 months.

2/16/05 Buy unsecured debt at 8.            Return 150%-   Holding period 6 months            

Download UALreportdated01-15-04

 

Download UALreportdated02-16-2005

It took nerves of steel but investors were flying if they followed this research report and invested in this distressed debt security. 

Stephen Vlahos