BREAKING: AA/US Airways deal within weeks
02-06-2013, 02:37 PM
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BREAKING: AA/US Airways deal within weeks
Wall Street Journal:
American Airlines parent AMR and US Airways Group are hashing out the last major details of a merger agreement that would create the world’s largest airline and are racing to finalize a deal within the next week or two.
If the deal is reached, the new company could have a market capitalization of more than $10 billion and would vault ahead of United Continental Holdings as the biggest U.S. airline by traffic.
American Airlines parent AMR and US Airways Group are hashing out the last major details of a merger agreement that would create the world’s largest airline and are racing to finalize a deal within the next week or two.
If the deal is reached, the new company could have a market capitalization of more than $10 billion and would vault ahead of United Continental Holdings as the biggest U.S. airline by traffic.
02-06-2013, 02:48 PM
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02-06-2013, 02:51 PM
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Originally Posted by flybywire44
So what's the "breaking" part of this breaking news? They've been weeks away from a merger for months.
02-06-2013, 02:51 PM
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Didn't they say that a couple of weeks ago, too? And, I remember seeing an article, I believe it was last August, that said a decision would be made in the fall.
Not saying I don't expect something to be announced, but I've been expecting an announcement for over 4 months, now.
Not saying I don't expect something to be announced, but I've been expecting an announcement for over 4 months, now.
02-06-2013, 02:59 PM
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Originally Posted by Mink
So what's the "breaking" part of this breaking news? They've been weeks away from a merger for months.
02-06-2013, 03:48 PM
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Originally Posted by RockBottom
It's going to happen with near certainty now, and it's less than two weeks away. WSJ has a good scoop. If you can see behind their pay wall
02-06-2013, 04:58 PM
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Originally Posted by Spin
They are still figuring out how to integrate the pilots in the merged company.
02-06-2013, 06:50 PM
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American Airlines merger expected next week | wfaa.com Dallas - Fort Worth
Here's the local Dallas link.
Here's the local Dallas link.
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