Another answer is that people with nothing to lose probably do not need bankruptcy protection.
About 25 companies have sought bankruptcy protection in recent years.
The company went into bankruptcy protection on February 19, 2002.
American, of course, did not file for bankruptcy protection today.
In the last two years, they have forced at least 18 companies, with more than 100,000 employees, into bankruptcy protection.
As a result, some companies have filed for bankruptcy protection.
The company said it expected to seek bankruptcy protection in about a week.
More than 100 medical groups in California have filed for bankruptcy protection the last three years.
A number of these companies filed for bankruptcy protection as a result.
Of the five airlines that are not in bankruptcy protection, four lost money.
