(Reuters) - AMR Corp
AMR, which filed for bankruptcy in November 2011, is weighing merging with rival US Airways Group Inc
When companies go bankrupt, their stock is usually wiped out. AMR originally opposed the appointment of an equity committee in its Chapter 11 case because of an initial view that shareholders did not stand much chance of recovering anything meaningful.
But in a January 3 letter to the U.S. Justice Department, made public in a federal filing on Tuesday, AMR cited a "change in circumstances concerning the potential economic interests of AMR equity holders."
The letter, written by AMR attorney Harvey Miller, says the carrier has made progress over the past year and its value has "significantly appreciated."
The case is In re AMR Corp et al, U.S. Bankruptcy Court, Southern District of New York, No. 11-15463.
(Reporting By Karen Jacobs. Editing by Andre Grenon)