American launches codeshare agreement with LAN Colombia, creditors and shareholders tentatively approve the merger with US Airways
American Airlines (Dallas/Fort Worth) has announced the launch of a new codeshare agreement with LAN Colombia (Bogota), adding new service to key destinations in Colombia and further strengthening American’s relationship with LATAM Airlines Group. Customers can begin booking travel on the codeshare flights for travel beginning August 8.
The new codeshare agreement will give American’s customers seamless connecting service within Colombia and provide LAN Colombia’s customers access to new destinations in the United States. The two airlines will codeshare on flights between the U.S. and Colombia and provide American’s customers access to four new destinations in Colombia – Barranquilla, Bucaramanga, Cartagena and Pereira, while giving LAN Colombia’s customers access to 12 new cities in the U.S. from Miami, including Chicago (O’Hare), Dallas/Fort Worth, Los Angeles and New York (JFK).
In addition, LAN Colombia plans to join the oneworld® alliance in the fourth quarter of this year. LAN Colombia operates more than 990 weekly flights to cities throughout Colombia as well as destinations in Brazil and the U.S. From its Bogota hub, LAN Colombia offers 125 daily flights, including service to 20 Colombian cities.
In addition to the codeshare agreement with LAN Colombia, later this year American will launch new service from Dallas/Fort Worth (DFW) to Bogota (BOG), demonstrating its mission to provide customers with expanded options through a growing network footprint in Latin America. American currently operates up to 35 weekly flights from its hub in Miami to Bogota (BOG), Cali (CLO) and Medellin (MDE).
In others news, AMR Corporation, the parent company of American Airlines, Inc., announced the preliminary voting results on the Company’s Plan of Reorganization, which indicate overwhelming acceptance of the Plan by those creditors and shareholders entitled to vote.
Of the eight creditor classes entitled to vote, at least 88 percent of the ballots received and tabulated in each class, representing more than 97 percent of the claims value voting in each class, were voted in favor of the Plan. Additionally, more than 99 percent of the shares tabulated for the class of AMR stockholders voted to accept the Plan.
The final voting results for the Plan will be certified and filed with the U.S. Bankruptcy Court for the Southern District of New York in advance of the confirmation hearing on August 15, 2013.
On June 7, 2013, the Court authorized the company to begin soliciting approval of the Plan from AMR’s creditors and stockholders. Voting on the Plan ended July 29, 2013 at 5 p.m. EDT.
The effective date of the Plan and American’s Chapter 11 emergence are expected to occur simultaneously with the closing of the merger with US Airways. The merger is expected to close in the third quarter of 2013.
Top Copyright Photo: Nick Dean/AirlinersGallery.com. Brand new Boeing 777-323 ER N725AN (msn 41666) was handed over to American Airlines on July 31, 2013.
Bottom Copyright Photo: Bernardo Andrade/AirlinersGallery.com. Former AIRES Colombia Boeing 737-73S EI-EEB (msn 29081) of LAN Colombia taxies past the camera at Sao Paulo (Guarulhos).