AMR stated that the unsecured creditors agree to support the three month extension to AMR’s exclusive right to offer a restructuring plan.
Judge Lane, is expected to rule on this request the first week in July.
AMR spokeswoman Missy Cousino said that the company’s turnaround plan is gaining momentum and that creditors were “expressing confidence in what we’ve accomplished” by agreeing to extend AMR’s restructuring rights.
An extension could delay a chance for other bidders to present offers for AMR in bankruptcy court until next year. US Airways Group Inc. has lined up support from American’s unions for a potential bid. US Airways declined to comment Friday.