Thursday, February 14, 2013

US Airways-American Airlines merger is official

US Airways and American Airlines expect to close their merger to create the world's largest airline by October, according to announcements from the airlines Thursday.

The companies issued joint news releases detailing the $11 billion all-stock deal that will have the smaller, Tempe-based airline joining with Fort Worth, Texas-based American.

The combined airline will offer more than 6,700 daily flights to 336 destinations in 56 countries, according to the release.  Read more...  http://www.azcentral.com//business/us-airways-american-airlines-merger/articles/20130213us-airwaysamerican-airlines-merger-is-official.html?source=nletter-