NEW YORK - A bankruptcy judge on Tuesday approved the sale of Twinkies to a pair of investment firms, one of which has said it hopes to have the cakes back...
The combined airline will have 6,700 daily flights and annual revenue of roughly $40 billion. The new American Airlines will fly slightly more passengers than United, the current No. 1.
...merged, and possibly years before the two airlines are fully combined.If the deal is approved by American's bankruptcy judge and antitrust regulators, the new American will have more than 900 planes, 3,200 daily flights and about 95...
...which earned them a better return: a merger or an independent American.The deal would need approval by AMR's bankruptcy judge and antitrust regulators, who have permitted three other big airline mergers to go ahead since 2008.The rapid...
...concessions from pilots.Pilots voted overwhelmingly against the company's last contract offer, and a federal bankruptcy judge allowed American to impose new pay and working rules on pilots.The Allied Pilots Asso ciation has asked federal...
...protection, more than four years after a leveraged buyout left the media company with unsustainable debt.A federal bankruptcy judge in Delaware said Friday he would approve the plan, which leaves Tribune in the hands of a new ownership group led...
...the end of December to present its own plan for restructuring to the bankruptcy court. Ultimately, it will be the bankruptcy judge and the airline's creditors that decide its fate. American's three unions hold a third of the creditors' votes...
...by up to 2 percent.American has seen an increase in flight cancellations since early this month, when a federal bankruptcy judge allowed the company to impose new pay and work rules on pilots. The pilots had rejected the company's last contract...
...third quarter due to employee severance payouts and other costs related to its bankruptcy. The company has asked a bankruptcy judge for an additional month to present its reorganization plan. If approved, it would push the deadline for that plan...
...the assistance the company could offer workers because of the bankruptcy. The liquidation hearing will go before a bankruptcy judge Monday afternoon; Rayburn said he's confident the judge will approve the motion."The strike impacted us in...