Mealey's Bankruptcy - American Airlines To Pay Airport $16.99M To Settle Contract Dispute

Mealey's Bankruptcy - American Airlines To Pay Airport $16.99M To Settle Contract Dispute

NEW YORK - Bankrupt AMR Corp., the parent company of American Airlines Inc., on Feb. 10 filed in the U.S. Bankruptcy Court for the Southern District of New York a stipulated agreement with Los Angeles World Airports (LAWA), the management company for Los Angeles International Airport (LAX), under which AMR would pay $16,991,969.06 to settle disputed charges the airline owes to the airport (In Re: AMR Corporation, No. 11-15463, Chapter 11, S.D. N.Y. Bkcy.).

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