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Aircraft and finance. American Airlines gets court approval for the merger with US Airways

New York, USA - 20-million-dollar severance package for AA's CEO Tom Horton blocked

Sean Lane, judge of New York's Bankruptcy Court, provided his approval to the 11-billion-dollar mega-merger between American Airlines and US Airways, an operation which would create the world's largest airline, with roughly 1000 aircraft in the fleet, 6700 daily flights and a potential annual revenue of 40 billion dollars. The court's approval was necessary: since November 2011, American Airlines...

AVIONEWS - World Aeronautical Press Agency - 1150979

AVIONEWS - World Aeronautical Press Agency
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