OREANDA-NEWS. AMR Corporation, the parent company of American Airlines, Inc., today 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.

“This is another important milestone toward our launch of the new American. The overwhelming support for our Plan of Reorganization is a testament to the resilience and hard work of the entire American team,” said Tom Horton, AMR's chairman, president and CEO. “Our people have stood tall and remained focused on putting our customers at the forefront of everything we do. That has made all the difference.”

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 Aug. 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.