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American hopes to reduce debt and cut labor costs in the bankruptcy process. It expects to shrink slightly while in bankruptcy but emerge as a tougher competitor for United and Delta, the world's two biggest airlines. American has promised passengers that it will operate normally while in bankruptcy. A judge in New York has granted the airline permission to keep paying for fuel, labor, new planes and other key expenses to keep flying. AMR also owns the American Eagle regional airline, which it had planned to spin off or sell. Those plans are on hold.
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