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American, US Airways to Merge

by AP posted Feb 14 2013 8:12AM


<VIDEO>     DALLAS (AP) - American Airlines and US Airways say they're merging in a deal they value at $11 billion, creating the world's biggest airline.
 
     The combined carrier will be called American Airlines but run by US Airways CEO Doug Parker.
 
     The airlines announced their deal Thursday. 
 
     It reduces the number of major U.S. airlines to four. 
Filed Under :
Topics : Business_Finance
Location : Dallas
People : Doug Parker
02/14/2013 8:12AM
American, US Airways to Merge
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