Done Deal: US Airways, American Complete Merger

An American Airlines Boeing 757-223 landing at Vancouver International Airport (Photo credit: Wikipedia)

Finally, it’s a done deal.

American Airlines AMR Corp. and US Airways Group Monday officially announced the completion of their merger to form American Airlines Group Inc., the world’s largest airline.

At 7:40 a.m., the secretary of state in Delaware, Jeffrey Bullock, filed a certificate of merger. The new company is incorporated in Delaware.

US Airways CEO Doug Parker, who will lead the new American, will ring the opening bell on the Nasdaq stock market at 9:30 a.m. eastern time, signifying the the opening of trading of the new American’s shares on Nasdaq. Ticker: AAL.

Read more at http://www.philly.com/philly/business/transportation/20131210_Done_deal__US_Airways__American_complete_merger.html#gH05iJPAtZ6qemow.99

American, US Airways Announce $11 Billion Merger

London Heathrow Airport (LHR/EGLL), London Borough of Hillingdon, London, United Kingdom (Photo credit: Wikipedia)

DALLAS — American Airlines and US Airways have agreed to merge in an $11 billion deal that would create the world’s biggest airline.

The combined carrier will be called American Airlines but run by US Airways CEO Doug Parker.

The boards of the two airlines unanimously approved the deal late Wednesday, and the companies announced the agreement early Thursday.

The merger would reduce the number of major U.S. airlines to four: the new American, United, Delta and Southwest.

Read more: http://www.post-gazette.com/stories/business/news/american-airlines-us-airways-to-merge-675368/#ixzz2KuSpPCrN