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Cedar Rapids, Iowa 52401
American Airlines bankruptcy won't affect Eastern Iowa Airport flights
No schedule changes have been announced by American Eagle Airlines for The Eastern Iowa Airport in the wake of Tuesday's Chapter 11 bankruptcy by the commuter airline and its corporate parent, AMR Corp.
AMR, also the corporate parent of American Airlines, filed for reorganization in U.S. Bankruptcy Court for the Southern District of New York to cut costs and combat soaring fuel prices and dampened travel demand. The nation's third-largest airline said its fuel costs rose 40 percent in the third quarter.
American Eagle connects Eastern Iowa with Chicago and Dallas-Fort Worth. Pam Hinman, marketing director for The Eastern Iowa Airport, said the airline has been flying an average 70 percent full to both destinations.
American Airlines planes sit at a gate at Washington's Ronald Reagan National Airport, Tuesday, Nov. 29, 2011. American Airlines and its parent company are filing for bankruptcy protection as they try to cut costs and unload massive debt built up by years of high fuel prices and labor struggles. (AP Photo/Susan Walsh)
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