WHAM13 - Search Results

The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available.

What does the American Airlines merger mean for you?

American Airlines emerges from bankruptcy protection and US Airways culminates its long pursuit of a merger partner when the two complete their deal today and create the world's biggest airline.

By early January, frequent flyer miles can be earned or redeemed interchangeably. It will take 15 months for full integration.
 
The merger has survived a challenge from the government and criticism from consumer groups, who fear it will lead to higher prices. It's the latest in a series of mergers that will leave four airlines controlling more than 80 percent of the U.S. air-travel market and with more power than ever to limit seats and boost profits.
 
When American emerges from bankruptcy as American Airlines Group Inc., it will mark a monumental victory for CEO Doug Parker and his executive team at smaller US Airways, who convinced American's creditors that a merger made more sense than letting American fly solo.
 

 

 
Advertise with us!

Contests

Washington Times