Mergers & Acquisitions, American Airlines | featured news

Court approves American Airlines-US Airways merger

A judge on Wednesday approved AMR Corp's plan to merge with US Airways Group , a step toward creating the world's largest airline. AMR, parent of American Airlines and in bankruptcy since November 2011, must still construct a formal restructuring plan incorporating the merger that meets court and creditor approval before the airline can emerge from bankruptcy.

 

AP Sources: American Airlines, US Airways to merge

U.S. Airways

American Airlines and US Airways will merge and create the world's biggest airline. The boards of both companies approved the merger late Wednesday, according to four people close to the situation.

 

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