STATEMENT
PARTNERSHIP FOR NEW YORK CITY
New York, New York
November 29, 2011
Statement from Kathryn Wylde, President & CEO of the Partnership for New York City, on American Airlines' Decision to File for Reorganization Under Chapter 11
“American Airlines is a major presence in New York City, generating thousands of jobs and billions of dollars in economic activity for the local economy. Reorganizing under Chapter 11 will create a stronger airline that is better able to compete here and across the country.”
About the Partnership for New York City
The Partnership for New York City’s mission is to engage the business community in efforts to advance the economy of New York City and maintain the city’s position as the center of world commerce, finance and innovation. Through the New York City Investment Fund, the Partnership contributes directly to projects that create jobs, improve economically distressed communities and stimulate new business creation.