posted on December 10, 2012 17:57
APA INFORMATION HOTLINE
This is APA Communications Director Gregg Overman with the APA Information Hotline for Monday, Dec. 10.
APA BOARD VOTES TO JOIN MERGER TALKS: The Unsecured Creditors’ Committee has invited APA to join in the ongoing non-disclosure arrangement between AMR and US Airways under which they have been developing a potential merger plan. In response, the APA Board of Directors voted 14-2 in favor this afternoon during a voting conference call to join the merger talks and to adhere to the applicable non-disclosure agreement.
We anticipate that the US Airline Pilots Association representing US Airways’ pilots will also join the potential merger development talks, with the first meetings beginning this week.
The APA Board of Directors will meet at APA headquarters beginning on Wednesday, Dec. 12 at 1 p.m. Central to receive briefings and give direction regarding APA’s role and objectives in the merger talks.
That's it for now. Thanks for checking this hotline.