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American, US Airways unveil $11bn mergerAMR Corp and US Airways Group unveiled an $11 billion all-stock deal on Thursday that gives creditors of the bankrupt American Airlines parent control of the combined airline. More… |
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US Air, AMR inch towards $11bn mergerUS Airways Group and AMR Corp, the parent of American Airlines, are nearing an $11 billion merger that would create the world's largest airline and could announce a deal within a week, after resolving key differences on valuation and managem More… |
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US airlines to fare better than global carriersUS airlines are expected to fare better than most of their foreign counterparts this year because they are trimming unprofitable routes and beefing up balance sheets as the economy begins to rebound. US-based carriers have been cutting cap More… |
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American Airlines adds bag check fee on some flightsAMR Corp's American Airlines has said it would charge a $50 fee to check a second bag on flights between some cities in Europe, India and the US. Starting September14, passengers on those flights will pay the few fee to check a second More… |
