Ticonderoga's James Higgins calls American Airlines' (AMR) ability to finance its operations...

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

Ticonderoga's James Higgins calls American Airlines' (AMR) ability to finance its operations during bankruptcy with its plush $4.1B cash position a strong driver to keep the firm independent through the process. "By doing it this way and by doing it now, they are going to retain more power over the process."