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By Barry B. Burr
AMR Corp.’s filing for Chapter 11 bankruptcy protection leaves the future uncertain for American Airlines’ defined benefit pension plans, which have a combined $8.3 billion in assets.
AMR’s Tuesday filing in U.S. Bankruptcy Court in New York provides no information about whether the Fort Worth, Texas-based parent of American Airlines will seek to terminate the pension plans and turn them over to the PBGC.