US Airways and American Airlines to Merge
After a year of the “will they or won’t they” game, it looks like American Airlines and US Airways are finally set to announce their merger next week. The deal would make the new company the biggest airline in the U.S.–ahead of United– and would bring American out of chapter 11 bankruptcy protection, reports the Wall Street Journal:
The new American would be 2.3% larger than United by capacity, and 2.2% larger by traffic, based on 2012 data. US Airways hubs in Philadelphia, Charlotte and Phoenix would be combined with American hubs in Dallas, Miami, Chicago, New York and Los Angeles. via
Officials have still not decided which airline’s management will lead the new company, and push back from labor unions may delay the merger. The new company will keep the American Airlines name and home, Fort Worth, Texas.
We’ll report with more information when the airlines make their official merger announcement.