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Aircraft and finance. Court approves American Airlines' reorganization plan

New York, USA - But the decision shall not be used in the DoJ lawsuit to stop the merger with US Airways

Judge Sean Lane of New York Bakruptcy Court has formally confirmed the reorganization plan proposed by American Airlines for its exit from bankruptcy. A fundamental part of the plan involves the fact that American Airlines and its parent company AMR Corp emerge from bankruptcy as American Airlines Group, and that simultaneously the merger with US Airways, an operation which would create the world's...

AVIONEWS - World Aeronautical Press Agency - 1155979

AVIONEWS - World Aeronautical Press Agency
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