10.16.12 – (LAA) – UCC and AMR File Joint Motion Requesting 30-Day Extension to the Exclusivity Period

APFA Bankruptcy Update 10.16.12

In a document filed today in Bankruptcy Court, The Unsecured Creditors Committee (UCC) and AMR filed a joint motion requesting a 30-day extension to the exclusivity period. The Motion cites the parties’ ongoing consideration of strategic alternatives as an important reason for this extension. APFA is encouraged by the fact that US Airways and AA have had substantive conversations and hopeful that this extension will bring us another step closer to a merger inside bankruptcy.

AmericanAirlines US Airways 
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Leslie Mayo

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