AMR Corp., parent of American Airlines, and US Airways Group intend to merge and create the world’s largest airline, keeping Chicago O’Hare International Airport as a hub, airline officials said Thursday.In size, the combined airlines, to be called American Airlines, would edge out Chicago-based United Airlines, assuming the $11 billion merger is approved by regulators …
U.S. Airways Group Inc has made a formal merger proposal to American Airlines parent AMR Corp and its creditors that could value the combined airline at around $8.5 billion, a person familiar with the situation said on Friday. Under the all-stock proposal US Airways made in mid-November at a meeting with AMR’s unsecured creditors committee, …
The head of the nation’s fourth-biggest network airline says he hasn’t been able to press his case with American Airlines’ executives and its creditors that the best path out of bankruptcy for the nation’s third-biggest network airline is to merge with him.So he’s taking his case public. He told USA TODAY’s Editorial Board on Wednesday …
DALLAS – Airlines cancelled more than 400 flights at Dallas-Fort Worth International Airport Tuesday as tornadoes rolled through the area, leaving thousands of travelers stranded at the airport. American Airlines, which operates a hub at DFW, canceled nearly all departures for the rest of the evening. At least 40 incoming flights were diverted during the …
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