American Airlines-US Airways Merger Approved By Court; World's Largest Airline Created

It's Official! World's Largest Airline Created
A U.S. Airways jet passes an American Airlines jet, Thursday, Feb. 14, 2013 at Sky Harbor International Airport in Phoenix. The merger of the two airlines has given birth to a mega airline with more passengers than any other in the world. (AP Photo/Matt York)
A U.S. Airways jet passes an American Airlines jet, Thursday, Feb. 14, 2013 at Sky Harbor International Airport in Phoenix. The merger of the two airlines has given birth to a mega airline with more passengers than any other in the world. (AP Photo/Matt York)

NEW YORK - AMR Corp

But one clause in the merger agreement - a $19.9 million severance package for Tom Horton, AMR's outgoing chief executive - was not approved by the judge at a hearing in U.S. Bankruptcy Court in Manhattan.

Judge Sean Lane said he will issue a written ruling explaining his decision regarding the severance package, which had brought an objection from the Department of Justice and skepticism from Lane at Wednesday's hearing.

(Reporting By Nick Brown in New York; Additional reporting by Tom Hals in Wilmington, Delaware)

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