The CEO of American Airlines netted a profit of $13.4 million from selling shares and options that he accumulated while running US Airways.
American Airlines emerged from bankruptcy protection and US Airways culminated its long pursuit of a merger partner as the two completed their deal Monday to create the world’s biggest airline.
Four members of Congress say that all airlines — not just low-fare carriers — should be able to bid on gates and landing rights that Fort Worth-based American Airlines and US Airways will give up after their merger.
Fort Worth-based American Airlines and US Airways are asking for a November trial to settle the government’s lawsuit against their proposed merger.
In his first remarks, Texas Attorney General Greg Abbott seeks to explain why his office joined the U.S. Justice Department’s lawsuit to block the proposed merger between American Airlines and US Airways.