Skift Take
It's smart for AMR's Horton to point out US Airways' own troubles, but then again he's the one who's CEO of a bankrupt ailine.
The CEO of American Airlines parent AMR Corp. says that if his airline merges with US Airways, AMR creditors should get most of the new airline's stock, according to people familiar with the situation.
AMR CEO Thomas Horton said Wednesday that AMR creditors should get considerably more stock in a combined airline than US Airways has so far proposed, said one of the people, who spoke on condition of anonymity because the companies have signed a confidentiality agreement.
Horton made the comment during a meeting with a committee that represents creditors in AMR's bankruptcy case. US Airways Group Inc. officials spo
