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>> US AIRWAYS Latest News

NOV 13, 2013 - TheStreet

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The Deal: American, US Airways Come Out Ahead on Settlement

NEW YORK (The Deal) -- The Department of Justice extracted its pound of flesh from merger partners AMR Corp.  and US Airways , but the settlement deal with regulators announced Tuesday does little to change the competitive position of what is now on track to become the world's largest carrier. US Airways and AMR, parent of American Airlines, when announcing their $11 billion combination back in February said the deal was necessary if the airlines were to compete against larger rivals United Continental Holdings  and Delta Air Lines . The deal, which involves US Airways ... Read More

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