INQUIRER.net: American Airlines, US Air to form largest US carrier

INQUIRER.net Philippine News for Filipinos

American Airlines, US Air to form largest US carrier Feb 14th 2013, 23:56 NEW YORK—American Airlines and US Airways announced a long-expected merger Thursday that would create the largest US airline, giving them more weight in an industry that has steadily consolidated in recent years.   The marriage would establish a huge carrier with more than 1,500 aircraft, able to compete head to head with powerful rivals United Airlines and Delta Air Lines.   It would also help lift American parent AMR Corp from bankruptcy reorganization, where it has been since November 2011.   Following American's emergence from bankruptcy and the execution of the deal, US Airways will hold approximately 28 percent of the company, with American in... Keep on reading: American Airlines, US Air to form largest US carrier Media files: AMR-US-Airways-Merger.jpg (image/jpeg)

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