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Added the bankruptcy declaration. I should make this into an actual article when I have some time.
'''American Airlines''' was the world's largest airlines in 2008, but has since been surpassed by Continental (after it merged with United) and Delta (after it merged with Northwest).
'''American Airlines''' was the world's largest airlines 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.