US Airways Group Inc., which seeks a merger with AMR Corp.'s American Airlines, supports the carrier's bid for more time to develop a bankruptcy restructuring plan, Bloomberg News reported yesterday. AMR, based in Fort Worth, Texas, has asked to extend to the end of the year the company's exclusive right to file a plan as it considers mergers. US Airways, based in Tempe, Ariz., said yesterday that it supports the request, citing AMR's intention to consider strategic alternatives.
