American and US Airways near mega-merger | Bangkok Post: news

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American and US Airways near mega-merger

American Airlines and US Airways are close to striking a merger deal that would create the largest airline in the United States in the latest bout of consolidation in the US aviation industry.

An American Airlines plane (2nd from left) featuring a new tail design sits at a gate at O'Hare Airport on January 29, 2013 in Chicago, Illinois. American Airlines and US Airways are close to striking a merger deal that would create the largest airline in the United States in the latest bout of consolidation in the US aviation industry.

Officials from the two companies declined to comment, but The Wall Street Journal reported that their boards are scheduled to meet separately on Wednesday, and a deal could be disclosed by Thursday.

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