American Airlines and US Airways got their slot; permission to take off. From 9th December merging of their wings will be complete. After this week’s pronouncement of a federal bankruptcy judge American Airlines and US Airways are free to complete their merger and become the world’s largest airline. The judge rejected a request by a group of consumers to block the deal between airlines. Merged wings will hopefully justify reasons of the merging and won’t let down all the people who were worried about their business plan in the first place.
At last, the merger of American Airlines and US Airways is said to be announced on the 14th of February. And if the day of the long-anticipated announcement may suggest that the merger has some romantic inclinations, the truth is that the transaction is clearly pragmatic. Undoubtedly, the deal will create one of the US largest carriers. But the merger of American Airlines and US Airways is also expected to be one of the last biggest transactions in a time of increased consolidation in an industry which has been recently struggling amid tough economic conditions.
A contract offer has been signed by AMR flight attendants. The ratification of the contract means that the cost in bankruptcy protection will be probably cut. As it was stated by the Association of Professional Flight Attendants, almost 59.5 percent flight attendants voted to accept the contract, compared to 40.5 percent who turned down the offer. According to AMR flight attendants leaders, the result of voting shows the strong support for a merger between AMR and US Airways.