American Airlines, Inc. and US Airways Group, Inc. have each agreed to extend the outside date at which either party may terminate the previously announced Agreement and Plan of Merger, in light of the trial schedule surrounding litigation with U.S. Department of Justice.

Avianca Holdings, a leading Latin American airline based in Panama, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.

American Airlines appears set to emerge from bankruptcy protection after a federal judge in the United States approved its recovery plan. Judge Sean Lane ruled the decision was contingent on Justice Department approval of the carrier’s merger with US Airways.

Sandals Resorts International is in discussions with the government of Barbados to build a Beaches Resorts property at the site of former Almond Beach Resort in St. Peter, Barbados, company representatives confirmed.