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On Wednesday, American Airlines sent a memo to its managers after it filed a U.S. Bankruptcy Court request for more time to file a plan of reorganization and solicit support from stakeholders.

Following are some questions and answers the managers were given:

1. Why are American and the UCC requesting for exclusivity to be extended?

American and the UCC have jointly agreed to request this extension to May 29, 2013 because it is premature to file a Plan of … [visit site to read more]

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