Law360, New York (September 17, 2009) -- AMR Corp., parent company of American Airlines Inc., has raised $2.9 billion in liquidity through sale and loan agreements with Citigroup Inc. and General Electric Co.
Texas-based AMR secured $1 billion in cash from the advance sale of its AAdvantage frequent-flyer program to Citigroup, the airline's current credit card partner, the company said Thursday....
