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American Airlines and US Airways Merger Approved

Started by Anmer, March 28, 2013, 07:28:21 AM

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Anmer

The merger of American Airlines and US Airways has been approved by a US judge, moving the two companies one step closer to forming the world's largest carrier.

The deal had to be approved by the judge because American Airlines has been in bankruptcy protection since November 2011.

The merger was first announced in February.

It still needs approval by the Justice Department and US Airways shareholders.

They are expected to back the deal before the end of the year.


http://www.bbc.co.uk/news/business-21961393
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