AMR Inks Cash-Saving Lease Deals In Advance Of $11B Merger

Law360, New York (June 07, 2013, 3:20 PM ET) -- Bankrupt AMR Corp. has reached two key lease deals with airport authorities in Nashville, Tenn., and San Francisco as it inches closer to enacting its $11 billion merger with U.S. Airways Group Inc., the airline told a New York bankruptcy court Thursday.

The American Airlines Inc. parent asked U.S  Bankruptcy Judge Sean H. Lane to approve an agreement with the city of San Francisco preserving its lease at San Francisco International Airport, saying the city has agreed to take about $2.72 million it owes to the...
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