American Airlines To Merge With U.S. Airways
By: WROC-TV
Updated: February 14, 2013
American Airlines and U.S. Airways announced Thursday that they are merging.
The boards of the two airlines agreed to the plan late Wednesday night. The deal creates the largest airline in the world and has been in the works since August. The airline will keep the American Airlines name and U.S. Airways CEO Doug Parker will run the company. A bankruptcy judge as well as federal regulators must still approve the merger.
The boards of the two airlines agreed to the plan late Wednesday night. The deal creates the largest airline in the world and has been in the works since August. The airline will keep the American Airlines name and U.S. Airways CEO Doug Parker will run the company. A bankruptcy judge as well as federal regulators must still approve the merger.
