Thursday, December 15, 2011

Why do they need this? whats wrong with a rental or a house in durham?

American Airlines' $30 mln London town house

Buried deep in American Airlines' Chapter 11 bankruptcy filing is a striking asset -- a town house in one of London's most expensive residential streets that property experts say could be worth up to $30 million. The five-bedroom house in London's high-end Kensington district is a throwback to the airline's expansion two decades ago and stands a 10 minute walk from the former home of Princess Diana, with gentry and diplomats as neighbours.

Posted by mark @ 10:15 AM (3032 views)
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2 thoughts on “Why do they need this? whats wrong with a rental or a house in durham?

  • If they bought it twenty years ago, they will have booked a good investment.

    However, given their current circumstances, it should be sold forthwith..

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  • general congreve says:

    Yep, probably one of the few decent investments they made I expect.

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