American Airlines said the company is facing a cash crisis but has the power to avoid declaring bankruptcy through cost cutting.  “We have a cash crisis on our hands: more money is going out the door every day than is coming in,” said Don Carty, chairman and chief executive of American`s parent company AMR Corp. 
In the Caribbean, American is cutting its Kingston/New York flight next February in a move the company said is aimed at returning it to profitability.  The cut will reduce to five; the number of flights American will operate between Jamaica and the USA - two each on the Kingston/Miami and Montego Bay/Miami route and one running the Montego Bay/New York service.

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