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American Airlines plans to hire 1,500 pilots

Hatu

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FORT WORTH, Texas (AP) -- American Airlines says it will hire 1,500 new pilots over the next five years and offer jobs to the remaining pilots who are still furloughed.

Also Monday, AMR said in a filing with the bankruptcy court that it earned $71 million in August, a reversal from a loss of $82 million a year earlier. Revenue rose 7 percent to $2.34 billion.

http://finance.yahoo.com/news/american-airlines-plans-hire-1-144905313.html
 
Sounds like AMR is planning to keep moving on Plan A (emerge standalone) just in case Plan B ends up stalled/struck down in the courts. A government shutdown might very well hamstring the DOJ as far as proceeding in a timely manner, but it will NOT mean the lawsuit will go away. Plus, the judge, being a Federal government employee also, will probably be disposed to grant the DOJ a continuance. The longer this goes unsettled the more likely that the merger won't happen.
 
Sounds like AMR is planning to keep moving on Plan A (emerge standalone) just in case Plan B ends up stalled/struck down in the courts. A government shutdown might very well hamstring the DOJ as far as proceeding in a timely manner, but it will NOT mean the lawsuit will go away. Plus, the judge, being a Federal government employee also, will probably be disposed to grant the DOJ a continuance. The longer this goes unsettled the more likely that the merger won't happen.

http://finance.yahoo.com/news/judge-denies-doj-request-delay-192644364.html

 
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