Judge officially approves US Airways-American Airlines merger
Skift Take
How American and US Air will ultimately decide on Horton's severance package is the only outstanding issue from the bankruptcy proceedings.
U.S. Bankruptcy Judge Sean Lane officially approved American Airlines' merger agreement with US Airways on Friday, signing a court order that affirmed his decision at a March 27 hearing.
And in keeping with his decision, the written order did not approve a $20 million severance package proposed for American Chief Executive Tom Horton _ a plan that the bankruptcy trustee had objected to.
