Thursday, February 14, 2013

US Airways and American Airlines Announce Merger Deal

US Airways and American Airlines have set the details towards their merger.

In an eleven billion dollar stock deal, AMR Corp, which owns US Airways, will take over control of American.

Over the next four years, they will combine the two fleets, under the name American Airlines.

The combined company will be the largest airline in the world.

Only approval from the US government stands in the way of the merger.

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