American Airlines parent AMR Corp. said that a group of "substantial creditors" is interested in potentially providing financing for the airline’s bankruptcy reorganization, Bloomberg News reported yesterday. The creditors expressed an interest in participating in the development of a bankruptcy plan and "potentially providing for equity and other financings" that may be needed, AMR said in a court filing yesterday. "The negotiations with the group are an integral part of American's efforts to move forward to achieve the objectives of chapter 11," Fort Worth, Texas-based AMR said in the filing. "The commitments, if obtained, will facilitate the proposal and confirmation of a chapter 11 plan."
