The Company also reported that, as expected, American and American Eagle continued normal operations yesterday, with flights, reservations, baggage handling, customer service and other functions operating as usual.
"American continues to make progress on our path to a successful future," said Tom Horton, Chairman, President and Chief Executive Officer of AMR and American Airlines. "The Court's immediate approval of key motions ensures that customers around the world can continue to rely on American and American Eagle for safe, reliable and convenient air travel. As American's employees have continued to demonstrate, we are committed to our customers and we are confident in our future."
American received authorization to, among other things:
Provide employee wages, health care coverage, vacation, and other benefits, without interruption;
As announced earlier yesterday, AMR and certain of its U.S.-based subsidiaries filed to reorganize under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York. The case number for AMR is 11-15463, and the case number for American Airlines is 11-15464. More information about American Airlines Chapter 11 filing is available on the Internet at AA.com/restructuring. The Company is providing ongoing access to court documents, including today's Orders, at www.AMRcaseinfo.com. Information for suppliers and vendors is available at (866) 736-9011 or (703) 286-2757, or by sending an email to email@example.com.
AMR's lead counsel is Weil, Gotshal & Manges LLP and its financial advisor is Rothschild, Inc.