Coverage of the merger between American Airlines and US Airways

American Airlines Agrees to Study Merger Idea

Airline agrees to consider merger scenarios

Friday, May 11, 2012  |  Updated 4:15 PM CDT
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American Airlines Agrees to Study Merger Idea

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American Airlines says it is agreeing with creditors to consider potential mergers.

American parent AMR Corp. says that the company and its bankruptcy creditors agreed to develop "potential consolidation scenarios," but that didn't mean it would pursue a deal with any particular party.

AMR management has said for months that it wants American to emerge from bankruptcy protection as an independent airline, but that hasn't stopped US Airways, a smaller but profitable competitor, from trying to combine with American.

US Airways has lined up support from American's three unions for a takeover. The unions believe that a combined company would cut fewer jobs and be more competitive with industry leaders United and Delta.


American Airlines Merger:
Complete coverage of the merger between American Airlines and US Airways into the newly-formed Fort Worth-based company, American Airlines Group (AAL). Click here for more.

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