Court Okays American Airlines Bankruptcy Plan

11:39 am
Thu September 12, 2013

Court Okays American Airlines Bankruptcy Plan

Lead in text: 
The Fort Worth based carrier's plan to exit bankruptcy includes a merger with US Airways to become the world's largest airline.
A federal judge is approving American Airlines' plan to emerge from bankruptcy protection and merge with US Airways, although the airlines must still resolve their lawsuit with the federal government, which is trying to block the merger. A trial over that lawsuit is scheduled for November.