The remnants of ATA Airlines won a $66 million verdict against FedEx in a federal suit over the breach of contract that forced the company into bankruptcy.
Nearly two years after running out of cash, filing for bankruptcy and grounding all flights, Mexicana de Aviación may resume operations as soon as April.
In an interview broadcast on Bloomberg Television on Monday, JetBlue Airways CEO David Barger said the bankruptcy of AMR and potential consolidation of American Airlines into another carrier was an "evolution" that is "good for...