DALLAS (AP) -- The CEO of American Airlines parent AMR Corp. has said that if his airline merges with US Airways, AMR creditors should get most of the new airline's stock.
That's according to people familiar with the situation.
One of the people, who spoke on condition of anonymity because the companies have signed a confidentiality agreement, said AMR CEO Thomas Horton has said that AMR creditors should get considerably more stock in a combined airline than US Airways has so far proposed.
Horton made the comment during a meeting with a committee that represents creditors in AMR's bankruptcy case. Two people familiar with the discussions said US Airways Group Inc. officials spoke to the committee on Tuesday.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.