Judge Hints At Helping American Airlines Out Of Bankruptcy | WAMU 88.5 - American University Radio

NPR : News

Filed Under:

Judge Hints At Helping American Airlines Out Of Bankruptcy

A U.S. bankruptcy judge on Thursday indicated that he's leaning in favor of a allowing American Airlines to emerge from bankruptcy, clearing a major obstacle to the carrier's planned merger with US Airways.

Judge Sean H. Lane said he is "finding the arguments in favor of confirmation fairly persuasive" to allow American, which filed for Chapter 11 in November 2011, to emerge from bankruptcy.

Lane reportedly could sign off on a restructuring plan for AMR Corp., American's parent, on Sept. 12, according to The Associated Press.

AP says:

"Such a decision would only leave one obstacle — although a big one — to American's proposed merger with US Airways. That would be an antitrust lawsuit filed by the government earlier this month."

We reported about that anti-trust lawsuit, filed by the Department of Justice, earlier this month.

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

NPR

Scott Simon: 'We Don't Fully Grow Up' Until We Lose Our Parents

"There are some lessons that only grief and responsibility can teach us," says Weekend Edition host Scott Simon. His new memoir, Unforgettable, is about the life and death of his mother.
NPR

The Revival Of Lamb Ham: A Colonial Tradition Renewed

British colonialists brought lamb ham to America, where a sugar-cured, smoked variety became popular. Easier-to-cure pork ham eventually took its place, but now two Virginians are bringing it back.
WAMU 88.5

Streetcar, 'Accountability' Among Key Points Of Bowser Address

D.C.'s new mayor said the H Street streetcar would survive and that "accountability" — from police, politicians and other officials — would be a defining aspect of her administration.

NPR

If Drones Make You Nervous, Think Of Them As Flying Donkeys

In Africa, where there aren't always roads from Point A to Point B, drones could take critical medicines to remote spots. But the airborne vehicles make people uneasy for lots of reasons.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.