Court Delays Ruling On American Airlines Reorganization Plan - - Tulsa, OK - News, Weather, Video and Sports - |

Court Delays Ruling On American Airlines Reorganization Plan

Posted: Updated:
File photo. File photo.

A bankruptcy court Thursday delayed a ruling on the reorganization plan for AMR Corporation, meaning American Airlines turbulent times are not over yet.

At the start of the hearing, the court questioned the appropriateness of ruling on the plan in light of a Justice Department lawsuit.

The Justice Department, earlier this week, challenged the proposed merger, saying a combination of the two companies would reduce competition for commercial air travel in local markets and would result in passengers paying higher airfares and receive less service.

The reorganization plan lays out how American Airlines' parent company will pay off its creditors and debts. It would also bring the Dallas-based airline one step closer to its merger with US Airways, a move the Transport Workers Union of America supports.

The court allowed the hearing to continue as planned, but reserved a decision until the court has deemed it appropriate to confirm the plan. At this point, there's no specific timeframe for a ruling.

8/13/2013 Related Story: Government's Lawsuit Against Airlines Leaves Tulsa Workers In Limbo

Special Features

Community Calendar

Find out what's going on around town and submit events!


See it! Shoot it! Send it! Share your weather pics and videos with!

iPhone App

Get breaking news, weather, sports & video directly on your iPhone.

Mobile Alerts

Get breaking news, headlines, weather alerts & more on your cell phone.

TV Schedule

Need to know what's on TV? Check out our television schedule.

Live Radar

WARN Interactive

Special Coverage

  • Bridge Tracker

    How safe are Oklahoma's bridges? Use Bridge Tracker to find out now.

  • Cold Case

    Join Lori and local homicide detectives as they search for Cold Case clues.

  • Fallen Heroes

    News On 6 honors our fallen Oklahoma heroes. View our interactive timeline.

  • Murrah Bombing Timeline

    Learn more about the events leading up to and following the bombing.

  • Storm Zone

    Watch tornadoes tear across Oklahoma and learn how to stay safe!

  • Turnpike Timelines

    View a historical road map of Oklahoma's turnpike system.

Powered by WorldNow
News On 6
303 N. Boston Ave.
Tulsa, OK 74103
Oklahoma's Own is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state including Tulsa's Own and Green Country's Own.
All content © Copyright 2000 - 2014, WorldNow and KOTV. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.