American Airlines parent company AMR (AAMRQ.PK) asks a bankruptcy court in a court filing for...

|About: American Airlines Group (AAL)|By:, SA News Editor

American Airlines parent company AMR (AAMRQ.PK) asks a bankruptcy court in a court filing for permission to borrow up to $1.5B in order to refinance current debt. The carrier says it will secure the debt with its fleet of aircraft.