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U.S. Air plans antitrust filing to boost AMR bid
(REUTERS) U.S. Airways Group aims to file paperwork with U.S. antitrust regulators as early as July for a proposed merger with AMR Corp, the bankrupt parent of American Airlines, according to people familiar with the matter.
US Airways believes securing… Continue reading
Union pact with U.S. Air touts job savings vs. AMR plan
(REUTERS) An agreement between US Airways Groupand the union representing seven work groups at bankrupt American Airlines calls for fewer job cuts should a merger materialize between the two carriers than an American bankruptcy plan, according to documents being distributed… Continue reading
American Airlines aims to bolster routes
Bankrupt American Airlinesaims to boost revenue by $1 billion annually by beefing up its international routes and fleet to lure more well-heeled business travelers, the company said on Tuesday.
Lower costs achieved through bankruptcy will enable the airline’s corporate parent,… Continue reading