Photo: #In this June 29, 2011 file photo, an American Airlines aircraft at Dallas-Fort Worth International Airport, in Grapevine, Texas. The parent companies of American Airlines and its regional affiliate American Eagle are filing for Ch. 11 bankruptcy protection Tuesday, Nov. 29, 2011.

Turbulent times for the airline industry

Broadcast: Midmorning, 11/30/2011, 10:06 a.m.

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American Airlines' parent company has filed for Chapter 11 bankruptcy -- following several other major airlines in recent years. What does this mean for the company, its employees and its passengers? We check in on American and the overall health of the airline industry.

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with Bob Collins