'''American Airlines''' was the world's largest [[airline]] in 2008, but has since been surpassed by [[Continental]] (after it merged with United) and Delta (after it merged with Northwest). The company officially declared bankruptcy on November 29th, 2011 with $29.6 billion in debt and $24.7 billion in assets.
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'''American Airlines''' was the world's largest [[airline]] in 2008, but has since been surpassed by [[Continental]] (after it merged with United) and Delta (after it merged with Northwest). The company officially declared bankruptcy on November 29, 2011 with $29.6 billion in debt and $24.7 billion in assets.