Creditors expect decision on AMR by year-end

Print
Email
|

Associated Press

Posted on September 7, 2012 at 1:01 PM

Updated Friday, Sep 7 at 1:00 PM

DALLAS (AP) — AMR Corp.'s bankruptcy creditors expect the parent company of American Airlines to decide by year-end whether to merge with another airline or remain an independent company.

The committee representing AMR's unsecured creditors made the comment Friday.

AMR management has favored remaining independent, but US Airways has pushed for a merger, and AMR agreed to work with creditors to consider merger options.

Print
Email
|