Tap to enable a layout that focuses on the article.
Advertisement

Sale of Eastern Routes Approved: The Transportation...

Sale of Eastern Routes Approved: The Transportation Department approved the transfer of Eastern Airlines’ Latin American routes to American Airlines but stalled a proposal to turn over the troubled airline’s only remaining Canadian route. The $349-million route sale is central to Eastern’s plans to rebuild under the direction of a bankruptcy court. A federal bankruptcy judge approved the proposed sale of Eastern’s Latin American routes and related assets last month. The approval is temporary, and would not become final until after a 10-day period for objections to the deal and responses from the airlines.

Sign up for Essential California

The most important California stories and recommendations in your inbox every morning.

Advertisement
Advertisement