In an effort to cut costs and unload massive debt, American Airlines and its parent company have filed for Chapter 11 bankruptcy protection. While American Airlines will continue to operate flights, honor tickets and take reservations, the airline will probably reduce the amount of flights offered “modestly” and cut personnel while it restructures the company.

Are you surprised? Take the poll below and tell us what you think in the comments section.


American Airlines parent files for bankruptcy

American Airlines parent appoints new chief executive

American Airlines timeline

Photo Gallery: The nation’s best and worst airlines

Video: American Airlines files for bankruptcy