CHICAGO – A settlement agreement between American Airlines Inc. and holders of its $1.4 billion of New York City airport debt that paves the way for the airline to assume its leases at John F. Kennedy International Airport is up for a hearing next week in bankruptcy court.

The hearing is set for April 3rd before Judge Sean H. Lane who presides in the U.S. Bankruptcy Court for the Southern District of New York in Manhattan. The deadline for filing objections is Wednesday.

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.