AMERICANAIRLINESUSAIRWAYS merger expected next wee



DALLAS – After more than a year of talks, a merger between American Airlines and US Airways will likely be announced next week, sources tell News 8.

“The economics make so much sense. They’re so compelling that I think the creditors and the boards of both companies said ‘let’s get this done it will be good for everybody,” said Mark Drusch, an executive with Fareportal, who also held high-ranking positions with Continental, Delta and Lufthansa.

Article Continues Below

The board of directors of AMR Corp., American’s parent company, will meet on Monday to consider a combination, News 8 has learned.

Read more:

http://www.wfaa.com/news/business/American-Airlines-merger-expected-next-week-190101971.html

0 views

Follow IWB on Facebook and Twitter