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American, US Airways pilots OK labor deal
Pilots at American Airlines and US Airways have approved a single labor contract, a step toward combining workforces at the two carriers, which merged in December 2013. The multiyear deal gives the carriers’ 15,000 pilots a 23 percent pay raise retroactive to Dec. 2. The Allied Pilots Association said Friday that the contract was approved […]
American employees pick red, white, blue for jets’ tails
DALLAS — American Airlines says more than 60,000 employees voted and a majority want to paint red, white and blue horizontal stripes on the tails of all AA planes. The company plans to repaint more than 1,100 American, US Airways and US Airways Express planes. New jets ordered by American already bear the election-winning look. […]
New American Airlines emerges as deal closes
FORT WORTH, Texas — American Airlines emerged from bankruptcy protection and US Airways culminated its long pursuit of a merger partner as the two completed their deal Monday to create the world’s biggest airline. It’s the latest in a series of mergers that will leave four airlines controlling more than 80 percent of the U.S. […]
Government reaches agreement to allow airline merger
WASHINGTON — The Justice Department says it has reached an agreement to allow American Airlines and US Airways to merge, creating the world’s biggest airline. The agreement requires the airlines to scale back the size of the merger at Washington’s Reagan National Airport and in other big cities. In August, the government sued to block […]
Positive quarter shouldn’t stop merger with American, US Airways says
Higher taxes reduced US Airways' third-quarter profit, but the airline still beat Wall Street expectations on a combination of more traffic and higher average fares.
Judge approves American Airlines’ bankruptcy plan
DALLAS — A federal judge has approved American Airlines’ plan to emerge from bankruptcy protection and merge with US Airways, although the airlines must still resolve a lawsuit filed by the federal government seeking to block the merger. A trial over that lawsuit is scheduled for November. Thursday’s ruling by federal bankruptcy Judge Sean Lane […]
Judge: Airline-merger trial to start in November
WASHINGTON — A federal judge said Friday that the government’s lawsuit to block the proposed merger of American Airlines and US Airways will start Nov. 25, a timetable favored by the airlines. The U.S. Justice Department had wanted the trial to start in March, saying it needed more time to prepare for the complex case. […]
Judge likely to approve bankruptcy exit of American Airlines’ parent co.
NEW YORK — A federal judge signaled Thursday that he is leaning toward approving American Airlines’ emergence from bankruptcy protection but wanted more time to reflect. “I’m finding the arguments in favor of confirmation fairly persuasive,” Judge Sean H. Lane said from the bench. He could sign off on American’s restructuring plan at the next […]
Airline merger ‘bridge too far’?
After other airline mergers, why does the federal government want to block the marriage of US Airways and American Airlines?
European watchdog approves US Airways, AMR merger
AMSTERDAM — European authorities have cleared US Airways Group Inc.’s proposed merger with American Airlines’ parent company, AMR Corp. — on the condition that they give up one slot at London’s Heathrow airport and take steps to foster competition on the London-Philadelphia route. The merger and restructuring plan, which would create the world’s biggest airline, [&helli[...]
American Airlines parent AMR says creditors approve reorganization plan
FORT WORTH, Texas — Creditors overwhelmingly approved the bankruptcy reorganization plan for American Airlines parent AMR Corp., which includes a merger with US Airways that would create the world’s biggest airline. AMR said Thursday that preliminary results show that at least 88 percent of the ballots cast by creditors favored the turnaround plan. AMR shareholders […]
US Airways shareholders approve American merger
NEW YORK — US Airways shareholders overwhelmingly approved a proposed merger with American Airlines, bringing the companies closer to creating the world’s biggest airline. The main hurdle now is a review by antitrust regulators at the U.S. Department of Justice. Concerns have been raised about the merger’s impact on airfares, and the combined airline’s potential […]
