One of the more interesting stories in the financial news over recent months has been the merger of American Airlines and US Airways. The $17 billion merger created a variety of legal entanglements in regard to anti-trust requirements that held up the merger for several years. However, the problems were eventually resolved, and the two companies announced the finalization of the merger on December 9, 2013. History of the Merger Rumors of a possible merger began almost as soon as American Airlines filed for bankruptcy protection in 2011. Negotiation over labor contracts began almost immediately, and this willingness to iron out difference became that sign that both parties saw the advantages of joining forces. The airline industry saw a number of mergers over recent years, and both American and US Airways could see the writing on the wall. American needed to add more destinations and planes to get there. US…
The Idiot’s Guide To The American US Airways Merger
