December 22, 2011
The U.S. government said Thursday that airline operator AMR Corp. had deliberately amassed a "war chest" of $4.8 billion before filing for bankruptcy — more than the $4.1 billion it originally claimed to have — and that some of it is improperly invested under Chapter 11 rules.
December 16, 2011
U.S. Bank National Association on Thursday objected to American Airlines Inc.'s request in New York bankruptcy court to extend a 60-day stay on its aircraft leases, saying the airline needed to provide more assurances to public debtholders.
December 05, 2011
The union for a majority of employees with bankrupt AMR Corp., the parent of American Airlines Inc., was among nine parties appointed Monday to a creditors committee that will help shape the company's Chapter 11 case.