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

US Airways Moon Township Center May Close

FAA Airport Diagram of KPIT (Photo credit: Wikipedia)

US Airways may jettison yet another Pittsburgh International Airport facility built specifically for its needs — one financed with the help of more than $16 million in public subsidies.

In a meeting last week with pilots, US Airways CEO Doug Parker said the carrier may close its state-of-the-art operations control center in Moon in “a couple years” as a result of its merger with bankrupt American Airlines.

If Mr. Parker’s prediction holds true, it would be the latest blow to a region that has seen US Airways slash more than 10,000 jobs and hundreds of flights over the past decade.  The airline also eliminated its Pittsburgh hub in 2004 — 12 years after the midfield terminal, built to its specifications, opened to support the airline’s growing needs. US Airways now has about 1,800 employees in the region.

Closing the operations control center would cost the region another 700 jobs.  The 72,000-square-foot building opened in November 2008 after Pennsylvania and Allegheny County officials outbid Charlotte, N.C., and Phoenix for the facility.  It combined a center in Findlay that US Airways had operated for 11 years and a smaller one in Phoenix, the result of the carrier’s 2005 merger with America West Airlines.

Read more: http://www.post-gazette.com/stories/business/news/us-airways-moon-center-may-close-680893/#ixzz2OfqwUXRr

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