ST. LOUIS (AP) _ TWA officials said an appeals court on Saturday denied a request to delay American Airlines' buyout of the company.

The 3rd U.S. Circuit Court of Appeals in Philadelphia did not make public any ruling. But Jamie Sprayregen, lead counsel for TWA, said he was informed that the court denied a stay requested by a committee of TWA creditors.

``That one would have halted the closing from occurring,'' Sprayregen said.

A call to Edward Weisfelner, a lawyer for TWA creditors, was not answered.

Under the deal, American would pay $742 million for St. Louis-based TWA and assume $3.5 billion in TWA debt.

TWA officials said the buyout, which would make American the nation's largest airline, is on course to be completed Monday.

TWA spokeswoman Julia Bishop-Cross said the buyout must still be approved Monday in U.S. Bankruptcy Court in Wilmington, Del.

``Nothing we've seen so far would stop the sale and we're reserving any further comment until everything is done,'' Bishop-Cross said.

On Friday, U.S. District Judge Sue Robinson denied a request by TWA creditors to delay the sale, announced Jan. 10, the same day TWA filed for bankruptcy for the third time in a decade.

The Philadelphia court ruled Saturday on the appeal of her decision, Sprayregen said.

TWA lawyer Alex Dimitrief said the airline would run out of money next week if the sale doesn't go through.

``We are running out of time,'' Dimitrief said. ``If we are unable to close on Monday, we won't have any cash left. This is do or die.''