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Fitch downgrades AMR, American Airlines to D
Fitch Ratings said it downgraded AMR Corp. and its principal operating subsidiary American Airlines, Inc.'s issuer default ratings to D from CCC after the company filed for Chapter 11 bankruptcy protection.
AMR's senior unsecured rating was affirmed at C/RR6 and American Airlines' senior secured notes were downgraded to B-/RR1 from B+/RR1.
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