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Thu February 14, 2013
Merger Of American Airlines and US Airways Will Create World's Largest Carrier
Originally published on Thu February 14, 2013 3:40 pm
The boards of US Airways Group and AMR have approved the merger of American Airlines and US Airways. The resulting company will become the world's largest airline. American is in bankruptcy, so its creditors will own a big chunk of the new company and US Airways shareholders will own the rest.