BC-US--American-US Airways-Merger, US

Print
Email
|

Associated Press

Posted on February 13, 2013 at 9:30 PM

EDITORS:

American Airlines and US Airways will announce Thursday a merger to create the world's biggest airline. The boards of both companies approved the deal late Wednesday, according to four people close to the situation. The carrier will keep the American Airlines name. US Airways CEO Doug Parker will run the new company. The merger caps a turbulent period of bankruptcies and consolidation that will leave the U.S. airline industry dominated by four big carriers — American, United, Delta and Southwest. Together they will control almost three-quarters of U.S. airline traffic.

The following stories have been sent and are available for use any time.

AMERICAN-US AIRWAYS-MERGER

DALLAS — American Airlines and US Airways will announce Thursday that they plan to merge and create the world's biggest airline. The boards of both companies approved the deal late Wednesday, according to four people close to the situation. The carrier will keep the American Airlines name. US Airways CEO Doug Parker will run the new company. The merger caps a turbulent period of bankruptcies and consolidation that will leave the U.S. airline industry dominated by four big carriers — American, United, Delta and Southwest. Together they will control almost three-quarters of U.S. airline traffic. By David Koenig,

US AIRWAYS-HISTORY

Patched together from several scrappy regional carriers on the brink of bankruptcy, US Airways has often been ridiculed within the aviation industry and remains a perennial afterthought among travelers. But it hopes to shed that image by merging with the larger — but troubled — American Airlines, in a deal that will catapult the two to the top of the industry. By Scott Mayerowitz.

With:

US AIRWAYS-GLANCE

US AIRWAYS-TIMELINE

US AIRWAYS-CEO BIO BOX

AMERICAN AIRLINES-GLANCE

AMERICAN AIRLINES-TIMELINE

AMERICAN AIRLINES-BIO BOX

These additional stories will be sent Thursday:

AMERICAN-US AIRWAYS-TRAVELER IMPACT — It will be several months — if not years — before passengers see any significant impact from the combination of US Airways and American Airlines.

AMERICAN-US AIRWAYS-AIRPORTS — The combined American-US Airways will have 8 hub cities, which experts say is too many. One or more could see a sharp reduction in service.

AMERICAN-US AIRWAYS-PARKER PROFILE — Doug Parker is outspoken, persistent and not afraid to be the life of the party. And he's very close to being put in charge of the world's largest airline.

AMERICAN-US AIRWAYS-ROUTES — In the jigsaw puzzle of airline routes, American Airlines and US Airways are two pieces that fit together almost perfectly.

AMERICAN-US AIRWAYS-ROUTES-GLANCE

Photos are also available with the stories.

The AP

Print
Email
|