DALLAS, TX - NOVEMBER 29: Thomas W. Horton, who was recently appointed by the board of directors of AMR Corp. to replace retiring chief executive Gerard Arpey, holds a press conference announcing ... more 
DALLAS, TX - NOVEMBER 29: Thomas W. Horton, who was recently appointed by the board of directors of AMR Corp. to replace retiring chief executive Gerard Arpey, holds a press conference announcing American Airlines has filed for Chapter 11 on November 29, 2011 at DFW Airport in Dallas, Texas. American Airlines and its parent company AMR filed for Chapter 11 bankruptcy November 29, reportedly in an effort to shed debt and reduce labor costs. (Photo by Layne Murdoch/Getty Images) less 
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Getty Images | Photo By Layne Murdoch / Getty Images
Tue, Nov 29, 2011 1:10 PM EST