United, US Airways, Delta and Northwest have been there. American’s bankruptcy means fliers will ultimately face fewer choices and higher fares.

Airline travel analyst George Hobica discusses American Airlines' legacy and future in light of its bankruptcy filings.

The parent company of American Airlines filed bankruptcy today, but what does that mean for customers and employees in the near future?

The struggling airline has declared bankruptcy after a poor third quarter, but it says it will keep its scheduled flights running.

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