US Airways and American Airlines talks are getting intense
Skift Take
Whoever made a bet on US Airways' stock fourteen months ago must be smiling big. Now AMR's creditors would like in on that happy action just a little bit.
US Airways Group Inc.’s merger talks with bankrupt American Airlines are intensifying as the two sides try to agree on control of a combined company before confidentiality agreements expire next week.
No decisions have been made on how ownership would be split between creditors of American parent AMR Corp. and US Airways investors or who would lead the company, said four of the people, who asked not to be identified because the talks are private.
A deal would create the world’s
