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TULSA, Okla. —   Two companies are now studying the possibility for the takeover of Tulsa’s largest private employer. American Airlines’ parent company AMR filed for bankruptcy in November, with plans to reorganize. Now the Wall Street Journal reports Delta Airlines and TPG Capital are each looking at the possibility of making bids in bankruptcy court....
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SOURCE: Permalink American Airlines told a bankruptcy court Wednesday that it intends to keep 85 airplanes that it leases or owes money on. The disclosure is part of the Section 1110 process in which American has a certain amount of time to inform the airplanes’ owners or lenders that it intends to keep the aircraft or...
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SOURCE: By Terry Maxon/Reporter The National Mediation Board wants to talk to American Airlines and its three unions – the Allied Pilots Association, Association of Professional Flight Attendants and Transport Workers Union – about the state of their negotiations. We learn this from the APFA’s hotline update Tuesday, which said that “the NMB has...
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Dallas/Fort Worth International Airport Board’s Objection to the Debtors’ Request for Entry of a Final Order on the Debtors’ Tax Motion Dallas/Fort Worth International Airport Board (“DFWIAB”) filed an objection to the Debtors’ motion for entry of an order authorizing the Debtors’ to pay prepetition taxes and assessments and authorizing financial institutions to honor...
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By Rhys Jones and Chris Wickham LONDON (Reuters) - Buried deep in American Airlines’ Chapter 11 bankruptcy filing is a striking asset — a town house in one of London’s most expensive residential streets that property experts say could be worth up to $30 million. The five-bedroom house in London’s high-end Kensington district is...
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