CHICAGO – Backing for American Airlines’ confirmation plan could be jeopardized by a delay over the federal government’s move to block American’s merger with US Airways Group, a key creditors’ committee said in a court filing.

Holders of American’s $1.5 billion of unsecured bonds are among the airlines’ unsecured creditors who would fully recoup their holdings under the confirmation plan assembled on the premise of an American-US Airways merger.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.