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Published on 4/26/2013 in the Prospect News Distressed Debt Daily.

American Airlines obtains approval of Travelport, Orbitz agreements

By Caroline Salls

Pittsburgh, April 26 - AMR Corp. wholly owned subsidiary American Airlines, Inc. received court approval of settlements reached with Travelport Ltd. and Travelport, LP, as well as with Orbitz Worldwide, LLC, according to an April 25 filing with the U.S. Bankruptcy Court for the Southern District of New York.

In addition to enabling continued access to shop and book the full content of flights marketed by American Airlines, Travelport said in a March 13 release that the agreement positions it to become the first global distribution system to offer access to American's other products and services.

Following a period of technical integration, Travelport and American plan to use their industry technology, including both Travelport's Universal API technology and American's XML-based direct connect interface, to deliver additional capabilities to all Travelport subscribers, including the ability to sell American's newly introduced Main Cabin Extra seating product.

American, Travelport and Orbitz also agreed to resolve all litigation.

AMR Corp., the Fort Worth, Texas-based parent of American Airlines, filed for bankruptcy on Nov. 29, 2011 in the U.S. Bankruptcy Court for the Southern District of New York. Its Chapter 11 case number is 11-15463.


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