AMR Corp. sought bankruptcy court approval for restructured contracts with its aircraft and jet engines suppliers that the carrier said will help it switch to more fuel-efficient planes as part of its reorganization, Bloomberg News reported today. AMR, the parent company of American Airlines, filed redacted settlement agreements with Boeing Co., Airbus SAS, General Electric Co. and Rolls-Royce Plc. The restructured agreements will in "no way adversely impact" AMR’s pursuit of strategic alternatives, the company said in the request.
