AMR wants to remain independent until it exits bankruptcy, CEO says

02/5/2012 | Bloomberg

AMR Corp. intends to emerge from bankruptcy this year without merging with another company, at which time it may consider an acquisition, CEO Tom Horton says. The company continues to work on its debt-restructuring efforts, which includes cutting $2 billion in expenses and boosting revenue by $1 billion. "I don't think we need to combine with anybody, but I think there will be ample opportunities to," Horton said.

View Full Article in:

Bloomberg

Published in Briefs: