US Airways CEO Doug Parker, the man in line to lead American Airlines after the two carriers merge, expects to announce a new management team before closing the deal.
Leaders from American Airlines and US Airways have told lawmakers that combining their companies will benefit consumers by creating tougher competition.
A bankruptcy judge will consider the merger of American Airlines and US Airways on March 27. The two carriers last week announced plans to merge in an $11 billion deal.
AMR CEO Tom Horton won’t get to lead the new American Airlines after it merges with US Airways, but he will get a going-away prize of nearly $20 million.
After months of courtship, American Airlines and US Airways are officially tying the knot. In the aviation industry’s newest marriage, the two carriers will create the world’s largest airline.
Fort Worth’s American Airlines and Phoenix’s US Airways formally announced a merger on Thursday morning to create the world’s largest airline.
Sources indicate that the American Airlines board of directors will meet on Wednesday to possibly vote on a merger with US Airways.
The indestructible Twinkie appears to be one step closer to a comeback. Hostess Brands is close to announcing that it has picked two investment firms as the lead bidders for its Twinkies and other snack cakes.
First American Airlines wanted to redesign its planes, and now it plans to outfit employees in new uniforms.
American Airlines says it will use Republic Airways Holdings Inc. to operate regional flights using 76-seat planes.
A bankruptcy judge has granted permission for AMR to buy new, fuel-efficient planes. American Airlines plans to receive nearly 60 planes this year and has 550 more on order.
The oldest junior college in Texas has been sold at auction with much of the property going to the local school district and an office supply company.