US Airways to Become More Involved in AMR’s Bankruptcy

On July 12, 2012, US Airways announced to the Associated Press that it is now a creditor of AMR.  US Airways spokesman, John McDonald, said his airline paid $600,000 for AMR bonds with a face value of $1 million. While purchasing a claim does qualify US Airways as a party in interest, with a right to be […]

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by H. Joseph Acosta, Esq.

American Airlines Considers Merger Options

July 12 – Dallas.  KRLD Radio was interested in American Airline‘s recent announcement that it would start considering merger options with several other airlines; not just US Airways.  A portion of the interview is attached to this link: KRLD Interview. Related articles Now American Airlines says it will consider merger (bizjournals.com) Bankrupt American Airlines May […]

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by H. Joseph Acosta, Esq.