Unsecured creditors for AMR face "rough landing," expert says

Senior unsecured bondholders for AMR Corp., the parent company of American Airlines, could receive just cents on the dollar in the firm's bankruptcy, experts say. AMR holds more than $10 billion in secured debt. "Because there's so much secured debt, it implies that the unsecured debt is in for a rough landing," said Stephen Selbst, a bankruptcy lawyer.

View Full Article in:

Wall Street Journal, The · Fort Worth Star-Telegram (Texas)

Published in Brief:

SmartBrief Job Listings for Transportation

Job Title Company Location
Director, Space Systems
Aerospace Industries Association (AIA)
Arlington, VA
Manager Repairs and Modification/Technical Purchasing
JetBlue Airways
Long Island City, NY
Sales Manager
Seaborne Airlines
San Juan
Director, Line Maintenance Outstations & Technical Training
Alaska Airlines
Seattle, WA
Supervisor - International Inflight Service
United Airlines
London