US Airways & American Airlines Join Forces

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American Airlines(AA) and US Airways(US) have agreed to a merger to create the largest US airline once AA exits bankruptcy court.

The merger will be formally announced today morning. The newly-formed company, keeping the name American Airlines, will be headquartered in AA’s Dallas-Fort Worth base in Texas.

The deal comes on the heels of a series of other recent airline mergers that have remade the US airline industry and better positioned the sector for profit.

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