American Airlines-US Airways merger gets court approval

 An American Airlines aircraft is on the ramp at Dallas-Ft Worth International Airport February 14, 2013. Credit: Reuters/Mike Stone


An American Airlines aircraft is on the ramp at Dallas-Ft Worth International Airport February 14, 2013.
Credit: Reuters/Mike Stone

NEW YORK - A judge on Wednesday approved AMR Corp's plan to merge with US Airways Group, a step toward creating the world's largest airline.

AMR, parent of American Airlines and in bankruptcy since November 2011, must still construct a formal restructuring plan incorporating the merger that meets court and creditor approval before the airline can emerge from bankruptcy.

American Airlines announced the plan to combine with US Airways last month, a deal that also requires regulatory approval.

By Nick Brown
reuters_logo Wed Mar 27, 2013 7:45pm EDT
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