Deals
US Airways Seen as Possible Merger Partner in AMR Bankruptcy
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The bankruptcy filing today by AMR Corp., the parent of American Airlines, may prepare the runway for a merger with US Airways Group Inc. as the two seek to become more competitive on size and costs, analysts said.
US Airways, the fifth-largest U.S. carrier, failed in a 2006 hostile bid for Delta Air Lines Inc. and in two rounds of merger talks with United Airlines. Chief Executive Officer Doug Parker said in April he saw “one big deal left” in the industry, one involving US Airways, after the purchase by Delta of Northwest Airlines Corp. and the merger of United and Continental Airlines.