5 Bankrupt Companies That Came Back

Page 5 of 5

1. American Airlines Group Inc (NASDAQ:AAL)

Topping the list of 10 bankrupt companies that came back is American Airlines Group Inc (NASDAQ:AAL), which is biggest airline in the entire world and among the biggest transportation companies in the world as well. The airline has to handle more than 200 million passengers every single year and more than half a million every single day. Its parent company, AMR Corporation, filed for bankruptcy in 2011 after a severe downturn in the airline industry. However, American Airlines merged with US Airways and kept its name in 2013, and has since seen significant success. The company is currently in the midst of another crisis as travel has decreased significantly over the past year because of the pandemic.

Pixabay/Public Domain

See also: 6 Easiest Good Credit Cards To Get Approved For After Bankruptcy and 11 largest municipal bankruptcies in us history

Page 5 of 5