American Airlines, US Airways unveil $11 billion merger

American Airlines and US Airways unveil $11 billion merger. The combined carrier will be the world’s biggest air carrier and will be called American AirlinesAmerican Airlines which will have a combined equity value of $11 billion. The combined carrier will be run by US Airways CEO Doug Parker.

American Airlines and US Airways Group said they plan to merge in a deal that will form the world’s biggest air carrier.

The merger caps a wave of consolidation that has helped put US airlines on more solid financial footing.

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