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World's biggest airline emerges as US Airways, American Airlines announce $ 11 billion merger

Houston, USA, Feb 14 : Ending a year-long speculation, US Airways and American Airlines today agreed to merge in a whopping USD 11 billion landmark deal to create the world's biggest airline.The boards of the

PTI [ Updated: February 15, 2013 8:54 IST ]
world s biggest airline emerges as us airways american
world s biggest airline emerges as us airways american airlines announce 11 billion merger

Houston, USA, Feb 14 : Ending a year-long speculation, US Airways and American Airlines today agreed to merge in a whopping USD 11 billion landmark deal to create the world's biggest airline.




The boards of the companies have unanimously approved the deal, valued at USD 11 billion, thus paving a way for the creation of the nation's largest airline.

The deal is still subject to regulatory approvals. If approved, the American Airlines and US Airways deal will be the third mega-airline merger in just five years.

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