April 12, 2013
The New York bankruptcy judge that recently approved the AMR Corp. and US Airways Group Inc. merger and denied AMR's CEO a $20 million severance payment said Thursday that the airline can't get away with the bonus simply because it would be paid by the newly formed entity.
April 03, 2013
The Second Circuit on Wednesday approved bankrupt AMR Corp.'s bid to send U.S. Bank NA's challenge to the airline's $1.5 billion financing deal to the appeals court, allowing it to bypass the federal district court.
April 03, 2013
The US Airline Pilots Association on Wednesday agreed to delay its suit in New York bankruptcy court against former America West Airlines Inc. pilots until underlying litigation in Arizona surrounding pilot seniority in US Airways Group Inc.'s $11 billion merger with AMR Corp. is resolved.
March 27, 2013
AMR Corp. and US Airways Group Inc. on Wednesday received court approval for their $11 billion merger that will create the world's largest carrier, but the judge declined to sign off on the $20 million bonus AMR's top executive was set to receive through the transaction.
March 26, 2013
As AMR Corp. prepares to ask a New York bankruptcy judge to bless the $11 billion merger it hopes to enter into with US Airways Group Inc., the U.S. on Monday defended its attack on the $20 million bonus AMR's CEO is slated to receive.
March 22, 2013
Two creditor committees of bankrupt AMR Corp. threw their weight behind the company's proposed $11 billion merger with U.S. Airways Group Inc. Friday, telling a New York federal bankruptcy judge that the deal is the best shot to transform the company into a profitable and sustainable airline.
March 18, 2013
The U.S. on Friday challenged the nearly $20 million severance package the CEO of bankrupt AMR Corp. would receive when American Airlines Inc. merges with US Airways Group Inc., a potential obstacle to a deal that would create the world's largest carrier.
March 14, 2013
AMR Corp. on Wednesday sought the final possible extension of its deadline to file a Chapter 11 plan before competing plans can be filed, saying it needs more time to implement the $11 billion merger of its American Airlines Inc. with US Airways Group Inc.
March 13, 2013
American Airlines Inc. said Wednesday that it had settled its antitrust claims against airfare distributor Travelport Ltd., resolving its allegations that Travelport conspired with Orbitz Worldwide Inc. and other companies to block the now-bankrupt airline's attempt to create a competing online ticketing system.
March 12, 2013
A New York bankruptcy judge on Tuesday gave American Airlines Inc. the go-ahead to purchase 47 aircraft from regional carrier Republic Airlines Inc., casting aside the protests of American Eagle Inc. unions.