Analysts See Hope at American Airlines

The Takeaway

Though it sounds like bad news, some analysts are saying the bankruptcy filing by American Airlines and its parent company could be a good thing. On Tuesday, Fitch Ratings said American Airlines’ bankruptcy opens “yet another window for structure change” in the flailing U.S. airline industry. Can an industry facing skyrocketing fuel prices, increasingly complex security procedures, and growing concerns about air traffic control safety find its wings? John Heimlich is vice president and chief economist at Air Transit Association, a trade organization representing the major U.S. airlines.

Do you support journalism that strengthens our democracy?

At The World, we believe strongly that human-centered journalism is at the heart of an informed public and a strong democracy. We see democracy and journalism as two sides of the same coin. If you care about one, it is imperative to care about the other.

Every day, our nonprofit newsroom seeks to inform and empower listeners and hold the powerful accountable. Neither would be possible without the support of listeners like you. If you believe in our work, will you give today? We need your help now more than ever!