News

Jun 8, 2013 10:16 PM by Jesse Cohen

Judge sets dates for voting on AMR plan

FORT WORTH, Texas (AP) - American Airlines' creditors could begin voting this month on the company's turnaround plan and proposed merger with US Airways.

A federal bankruptcy judge in New York gave American's parent company, AMR Corp., approval Friday to send solicitation material to creditors by June 20.

They'll have until July 29 to vote.

If creditors go along, the judge could confirm the reorganization plan on Aug. 15, clearing the way for AMR to merge with US Airways and emerge from Chapter 11 protection.

»Comments

More News

Weather - Forecast
Story Photo

7 hours ago

Warm Till Saturday

Temperatures start to climb again for Friday and Saturday where many locations will be in the 70s. However, by Saturday, the clouds...

Most Popular

Top Videos

1 2 3 4