American Airlines and US Airways Group said they plan to merge in a deal that will form the world?s biggest air carrier, which will have a combined equity value of US$11-billion.
The merger caps a wave of consolidation that has helped put U.S. airlines on more solid financial footing.
The widely expected deal has been more than a year in the making. American, a unit of AMR Corp, filed for Chapter 11 bankruptcy in November 2011, and US Airways began its pursuit of a merger in early 2012.
Here?s a look at how the merged air carrier will stack up compared to Delta Airlines and Air Canada.
ener1 national chocolate cake day epstein joshua komisarjevsky barney frank barney frank kim richards
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.