American Airlines' stock falls on bankruptcy comment

<br>(Dallas-AP) -- More talk about bankruptcy has investors unloading already beaten-down shares of American Airlines. <br><br>The selling kicked-in after the head of the union representing flight attendants

Tuesday, March 11th 2003, 12:00 am

By: News On 6

(Dallas-AP) -- More talk about bankruptcy has investors unloading already beaten-down shares of American Airlines.

The selling kicked-in after the head of the union representing flight attendants warned that the world's biggest carrier might file for bankruptcy ``sooner rather than later.''

Union leaders expect to negotiate a concessions package to be voted on by the membership.

American's parent company, AMR, raised the possibility that it might seek bankruptcy protection when it asked employees last month for $1.8-billion in wage and other concessions as part of $4-billion in planned annual cost cuts.