Caribbean

American, US Airways boards approve merger

2013-02-14 16:43:40 | (0 Comments)

Media and newswire sources say American Airlines and US Airways are planning to form one of the world's biggest airlines.

A number of unnamed sources say the two boards met yesterday to approve the merger.

A formal announcement is expected today.

The merger will bring American Airlines closer in value to rival Delta Airlines, with an estimated market value of US$11 billion.

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Caribbean

American, US Airways boards approve merger

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