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DALLAS – Tyler Perry made an offer to buy American Airlines. They accepted. The new airline: African-American Airlines.
The Texas-based AMR Corporation, the parent company of American Airlines, announced that the company filed petitions for Chapter 11 reorganization in the U.S. Bankruptcy Court for the Southern District of New York, “in order to achieve a cost and debt structure that is industry competitive and thereby assure its long-term viability and ability to continue delivering a world-class travel experience for its customers.