American Airlines to offer $1 billion in notes

March 8, 2011 — American Airlines, AMR Corporation

American Airlines (AMR Corporation) (Dallas/Fort Worth) plans to offer $1 billion in secured notes in a private offering to cover operating expenses in 2011. The corporation was one of the few U.S. airline groups to lose money in 2010 (along with Republic Airways Holdings). The notes will be secured with route authorities, landing and takeoff slots and airport rights.

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