NEW YORK, Feb. 14, 2013 /PRNewswire/ — The Ad-Hoc Committee representing bondholders of AMR Corporation (OTCQB: AAMRQ), the parent company of American Airlines, Inc., today issued the following statement regarding the announced merger of American Airlines and US Airways Group, Inc. (NYSE: LCC): We are pleased that American Airlines and US Airways have agreed to combine in a transaction that will result in significant value for stakeholders of both companies, including bondholders of AMR. This merger is the best outcome for AMR’s restructuring, providing AMR stakeholders with enhanced recoveries. We are pleased that the Ad Hoc Committee, along with certain other large bondholders, have been able to reach an agreement with AMR regarding a fair and appropriate allocation of value among AMR stakeholders and believe that such agreement will avoid significant litigation that might otherwise jeopardize consummation of the merger. We acknowledge the efforts of Tom Horton and the American Airlines Board of Directors and management team, as well as the work of Doug Parker and the US Airways Board and management team, who have worked extremely hard for more than a year to make this transaction possible and AMR’s restructuring a success. Gerard Uzzi and Tom Janson of Milbank, Tweed, Hadley & McCloy LLP and Eric Siegert of Houlihan Lokey represent the Ad Hoc Committee. Seabury Capital and Amy Caton of Kramer Levin Naftalis & Frankel LLP represent Bank of New York Mellon and Law Debenture as indenture trustees in connection with the negotiations.

SOURCE The Ad-Hoc Committee

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Seabury is a global advisory and investment banking firm with over 250 professionals based in 14 countries on five continents, including six offices in the United States, providing clients a comprehensive approach to driving business solutions, no matter how complex or challenging the issues. Seabury provides investment banking and merchant banking, management consulting, enterprise MIS software solutions, structured investment products, FX trading software, trade finance solutions, and human capital advisory services to clients in the following industries: aerospace, automotive, aviation, cargo/logistics, explosives/mining, financial services, gaming, hospitality, infrastructure, insurance, manufacturing, maritime/offshore oil & gas exploration, metals processing, mining, private equity, debt and hedge funds, real estate and travel.

Seabury professionals are a unique combination of top-tier bankers, consultants, software solutions experts, and former industry executives that provide in-depth advisory services to effectuate enterprise-wide change. Since 1995 Seabury’s professionals have advised on over 900 client engagements globally including assignments involving negotiating new or existing aircraft orders totalling over $250 billion (list prices) and structuring over $80 billion of equity and debt capital transactions. Additionally Seabury served as investment banker and restructuring advisor for 10 of the 15 largest airline turnarounds, including restructuring over $100 billion of debt and lease transactions.

Seabury has increasingly broadened its global businesses to include structured finance products, enterprise software, and trade finance services. Seabury is a global leader in providing software tools and data products covering aviation, aerospace, cargo/global trade, FX trading and human capital. Seabury has developed world-class, enterprise-wide MIS systems that can extract information, manage contracts, and evaluate data across an array of IT systems delivering real-time analysis and executable information. In 2013 Seabury acquired FXone Ltd., a leading provider of new software tools and enterprise software for market makers, brokers and traders for FX trading based in San Francisco which has been renamed Seabury Financial Solutions LLC, and 1 East West Limited, a provider of innovative supply chain finance solutions, based in Hong Kong, which has been renamed Seabury Trade Finance Exchange Ltd.