AMR chief reportedly has updated creditors on merger talks

AMR CEO Tom Horton updated the company's official creditors committee about merger discussions with US Airways, say sources familiar with the discussions. During a meeting with creditors, Horton reportedly said that the creditors should get above 70% of the shares of a merged American Airlines/US Airways. The sources also said Horton sought assurance from US Airways that merging the two carriers would not result in increased labor costs.

View Full Article in:

Wall Street Journal, The · Dallas Morning News (free content), The · Reuters

Published in Briefs:

SmartBrief Job Listings for Transportation

Job Title Company Location
Director of Engineering
Aurora Flight Sciences
Manassas, VA
Business Functional Analyst - Trax System
Hawaiian Airlines
Honolulu, HI
Contracts Manager
Aurora Flight Sciences
Bridgeport, WV
Manager, Social Media
Airlines for America
Washington, DC
Security Officer
US Airways
Phoenix, AZ