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.
Attorney General Eric Holder says American Airlines and US Airways must make broad concessions if they want to settle a lawsuit blocking their proposed merger.
American Airlines and US Airways want to know why the federal government allowed previous airline mergers but seeks to block theirs.
After an extended court hearing, a bankruptcy judge in New York delayed his decision on approving American Airlines’ reorganization plan to exit bankruptcy.
A judge asked American Airlines’ lawyers to explain why he should approve the company’s plan to merge with US Airways and exit bankruptcy protection while the merger is being challenged by the federal government.
The Justice Department and a number of state attorneys general on Tuesday challenged a proposed $11 billion merger between US Airways Group Inc. and American Airlines’ parent company, AMR Corp.
Creditors are approving the bankruptcy reorganization plan for the parent of Fort Worth-based American Airlines.
American Airlines plans to pay $24.9 million to settle complaints filed by U.S. safety regulators going back several years.
Pilots won’t lose work, will get to fly the same planes and will keep their seniority. They are among the key terms released Tuesday in a memorandum that the pilots unions of American Airlines and US Airways agreed to in case of a merger.
Just weeks ago, American Airlines was working its way through bankruptcy court, on schedule for one of the fastest turnarounds in aviation history
About 450 mechanics and fleet service workers at American Airlines’ Tulsa maintenance base will be laid off by February, the company and union officials announced Friday.