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>> AMERICAN AIRLINES Latest News

FEB 01, 2013 - Yahoo! News

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American Airlines seeks more time to file reorganization plan

(Reuters) - AMR Corp has asked a bankruptcy judge for another extension of its exclusive period to file a plan to exit bankruptcy. In a filing on Thursday, the carrier and its unsecured creditors committee asked the U.S. Bankruptcy Court to extend the period during which creditors cannot pursue their own restructuring plans for the airline to April 15. That replaced a January request to extend the time to April 1. Currently, American has until March 11 to file its reorganization plan. AMR filed for Chapter 11 protection in November 2011 citing high labor costs. ...

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