Flying the merging skies

  • 11 years ago
The consolidation in the skies continues with the merger of American Airlines and US Airways Group.

That will create the world's biggest airline in terms of passenger traffic and with a combined equity value of 8.25 billion euros ($11 billion).

US Airways Chief Executive Doug Parker - a big advocate of industry consolidation - started pushing for this deal a year ago.

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http://www.euronews.net/

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