AMR Corp. is seeking more time to resolve its Chapter 11 bankruptcy case.
The Fort Worth-based airline company filed a joint motion Tuesday with the Unsecured Creditors Committee in the case requesting another 30 days to file an exclusive restructuring plan, the Dallas Business Journal reports.
AMR – the parent company of American Airlines and American Eagle – and the UCC propose to push the exclusivity period to file a plan from Dec. 28 to Jan. 28. They also want to push the deadline for gaining acceptance of that plan from Jan. 28 to March 28.
Leave a Reply