American Airlines Bankruptcy
After more than 75 years of flying, the end is near for US Airways. American Airlines plans to shut down the venerable carrier over a 90-day stretch that could begin as soon as July.
A federal judge has rejected an attempt by American Airlines to quickly cut off benefits for many of its retirees. American wants retirees who wish to keep their benefits to pay all the cost. Now the dispute could go to negotiations or a trial.
American Airlines emerged from bankruptcy protection and US Airways culminated its long pursuit of a merger partner as the two completed their deal Monday to create the world’s biggest airline.
Four members of Congress say that all airlines — not just low-fare carriers — should be able to bid on gates and landing rights that Fort Worth-based American Airlines and US Airways will give up after their merger.
After months of legal turbulence, it will soon be smooth flying for American Airlines and US Airways.
The U.S. Justice Department has settled its lawsuit, clearing the way for the airlines’ $14 billion merger.
Fort Worth-based American Airlines and US Airways are asking for a November trial to settle the government’s lawsuit against their proposed merger.
We know the merger between American Airlines and US Airways is being delayed from next month until at least the end of the year.
Creditors are approving the bankruptcy reorganization plan for the parent of Fort Worth-based American Airlines.
The parent of American Airlines is reporting a $220 million profit for the second quarter as its cost-cutting from its bankruptcy reorganization kicked in.
US Airways shareholders overwhelmingly approved a proposed merger with American Airlines, bringing the companies closer to creating the world’s biggest airline.
US Airways’ CEO says shareholders have approved the proposed merger with Fort Worth-based American Airlines, one of the final steps remaining in the deal to create the world’s biggest airline.
American Airlines’ creditors could begin voting this month on the company’s turnaround plan and proposed merger with US Airways.