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News Summary: Momentum building for airline merger

Source : AP
Last Updated: Tue, Jan 08, 2013 23:45 hrs

: The board of American Airlines parent AMR Corp. will meet to consider whether the company should merge with US Airways or remain independent, but a decision is unlikely this week.

MOMENTUM TAKING OFF: Analysts say recent events have made a merger more likely. They cite a run-up in US Airways' stock price and a pending agreement on how pilots from the two airlines would be combined into one workforce.

WHO'S NO. 1? If there is a merger, the combined company would rival United Airlines as the world's biggest carrier while leapfrogging over No. 2 Delta Air Lines.




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