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American Airlines and US Airways set to merge 2/14/13

  • Uploaded 9 years ago in the category News and Politics

    2/14/13

    American Airlines parent company AMR Corp and US Airways have announced that their boards have approved a merger agreement to create the la

    ...

    2/14/13

    American Airlines parent company AMR Corp and US Airways have announced that their boards have approved a merger agreement to create the largest US airline.

    The combined company, which will have an implied equity value of approximately $11bn, will become a fully operating entity following American's pending bankruptcy proceeding, according to a news release.

    Al Jazeera's Tom Ackerman reports from Washington.

  • # American Airlines# US Airways# business
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