"Is a bankruptcy filing on the horizon for AMR Corp.?" That's the question put forth this week by the Ft. Worth Star-Telegram.
"The Fort Worth-based carrier has had only two profitable years in the past decade, its stock has slipped to a one-year low near $3 and credit-rating agency Moody's downgraded AMR's outlook to "negative" last week. Some industry analysts think that the company is running out of cash and that a bankruptcy filing is possible. But others say the airline still has another year or two to turn its finances around."