American Airlines Can Make Payments To Keep Flying

Law360, New York (November 29, 2011, 9:03 PM EST) -- American Airlines Inc. on Tuesday won a New York bankruptcy judge's approval to pay its most critical vendors $50 million over the next 21 days in order to keep operating as normally as possible after filing for bankruptcy earlier in the day.

U.S. Bankruptcy Judge Sean H. Lane approved a swath of first-day motions filed by parent company AMR Corp. after it filed for Chapter 11 bankruptcy — the last holdout among major U.S. airlines to seek a court's protection in order to get a handle...
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