AMR’s Antitrust Deals With Orbitz, Travelport Win Approval

Law360, New York (April 23, 2013, 3:46 PM ET) -- A New York bankruptcy judge on Tuesday approved AMR Corp.’s antitrust settlements with Orbitz Worldwide Inc. and airfare distributor Travelport Ltd., ending the companies’ two-year battle over online travel pricing and booking.

At a court hearing Tuesday, U.S. Bankruptcy Judge Sean H. Lane gave his go-ahead for the deals, which include financial terms that were not made public. AMR, American Airlines Inc.'s parent, announced the settlement with Orbitz earlier this month and the agreement with Travelport, which owns half of Orbitz, in March.

“I will, as...
To view the full article, register now.