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Aircraft and airlines. American Airlines' bankruptcy exit plan approved

New York, USA - "We are heading in the right direction"

Sean Lane, Judge of New York's Bankruptcy Court, provided his approval to the bankruptcy exit plan of American Airlines which includes the merger with US Airways. However, the Fort Worth-based company has now to face the opposition of the Department of Justice (DoJ) to the operation, which would create the world's largest carrier. AA filed in November 2011 for Chapter 11, a part of the United...

AVIONEWS - World Aeronautical Press Agency - 1155105

AVIONEWS - World Aeronautical Press Agency
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