News Summary: Momentum building for airline merger

Print
Email
|

Associated Press

Posted on January 8, 2013 at 6:01 PM

Updated Tuesday, Jan 8 at 7:00 PM

WING MEN: The board of American Airlines parent AMR Corp. will meet to consider whether the company should merge with US Airways or remain independent, but a decision is unlikely this week.

MOMENTUM TAKING OFF: Analysts say recent events have made a merger more likely. They cite a run-up in US Airways' stock price and a pending agreement on how pilots from the two airlines would be combined into one workforce.

WHO'S NO. 1? If there is a merger, the combined company would rival United Airlines as the world's biggest carrier while leapfrogging over No. 2 Delta Air Lines.

Print
Email
|