American Airlines Files for Bankruptcy Protection
英语课
American Airlines' parent company, AMR Corporation, has filed for bankruptcy 1 after failing to secure a deal with pilots to cut labor 2 costs.
The nation's third largest airline said Tuesday it sought bankruptcy court protection to reduce its costs and debt to competitive levels. The airline said normal flight operations will continue during a reorganization.
American had been the only major U.S. airline that had not filed for bankruptcy protection. Its main competitors, Delta 3 and United, used bankruptcy to scrap 4 costly 5 labor contracts and reduce debts. And both have also merged 6 with other companies - Delta buying Northwest and United buying Continental 7.
In addition to higher labor costs than its rivals, American Airlines has also struggled with soaring jet fuel prices.
In its Chapter 11 bankruptcy filing in a New York court, the company listed $24.7 billion in assets and $29.6 billion in debt.
The Texas-based AMR Corporation also announced the retirement 8 of its chairman and CEO Gerard Arpey and named company president Thomas Horton as his replacement 9.
n.破产；无偿付能力
- You will have to pull in if you want to escape bankruptcy.如果你想避免破产，就必须节省开支。
- His firm is just on thin ice of bankruptcy.他的商号正面临破产的危险。
n.劳动，努力，工作，劳工；分娩；vi.劳动，努力，苦干；vt.详细分析；麻烦
- We are never late in satisfying him for his labor.我们从不延误付给他劳动报酬。
- He was completely spent after two weeks of hard labor.艰苦劳动两周后，他已经疲惫不堪了。
n.（流的）角洲
- He has been to the delta of the Nile.他曾去过尼罗河三角洲。
- The Nile divides at its mouth and forms a delta.尼罗河在河口分岔，形成了一个三角洲。
n.碎片；废料；v.废弃，报废
- A man comes round regularly collecting scrap.有个男人定时来收废品。
- Sell that car for scrap.把那辆汽车当残品卖了吧。
adj.昂贵的，价值高的，豪华的
- It must be very costly to keep up a house like this.维修这么一幢房子一定很昂贵。
- This dictionary is very useful,only it is a bit costly.这本词典很有用，左不过贵了些。
（使）混合( merge的过去式和过去分词 )； 相融； 融入； 渐渐消失在某物中
- Turf wars are inevitable when two departments are merged. 两个部门合并时总免不了争争权限。
- The small shops were merged into a large market. 那些小商店合并成为一个大商场。
adj.大陆的，大陆性的，欧洲大陆的
- A continental climate is different from an insular one.大陆性气候不同于岛屿气候。
- The most ancient parts of the continental crust are 4000 million years old.大陆地壳最古老的部分有40亿年历史。
n.退休，退职
- She wanted to enjoy her retirement without being beset by financial worries.她想享受退休生活而不必为金钱担忧。
- I have to put everything away for my retirement.我必须把一切都积蓄起来以便退休后用。
n.取代，替换，交换；替代品，代用品
- We are hard put to find a replacement for our assistant.我们很难找到一个人来代替我们的助手。
- They put all the students through the replacement examination.他们让所有的学生参加分班考试。
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