AMR to advance with merger review, source says five airlines eyed

NEW YORK (Reuters) – The bankrupt parent of American Airlines said on Tuesday it will press ahead with evaluating potential mergers and will reach out to interested parties, a move set to satisfy some creditors less than impressed with its stand-alone restructuring plan. A source familiar with the situation said AMR sees itself as an acquirer in potential mergers and at least five airlines — US Airways Group Inc , JetBlue Airways Corp , Alaska Air Group , Republic Airways' Frontier Airlines, and Virgin America — will be considered. …

AMR to advance with merger review, source says five airlines eyed NEW YORK (Reuters) – The bankrupt parent of American Airlines said on Tuesday it will press ahead with evaluating potential mergers and will reach out to interested parties, a move set to satisfy some creditors less than impressed with its stand-alone restructuring plan. A [...]