American's Exit From Bankruptcy Delayed

At U.S. Bankruptcy Court today, judge Sean Lane withheld approval of American Airlines' plan to exit from bankruptcy in light of the challenge that the Department of Justice did earlier this week blocking the merger with USAirways.

Judge Lane said he has "lingering doubts" about the viability of the plan that is highly contingent on a merger that is in serious trouble. www.premieretravel.com