First Free Story (1 of 3)

More travel executives get their mission-critical industry news from Skift than any other source on the planet.

Already a member?

After the NYT revelation last night, looks like AA wants to kickstart the process, lest the top management be accused of, well, greediness: American Airlines parent AMR Corp. plans to sound out potential partners about a merger or other investment deals in coming weeks, says WSJ. It will send nondisclosure agreements to other airlines as soon as this month, starting a formal process in which the parties would exchange nonpublic information to consider possible deals. The airline also could invite private-equity firms and other investors to study the company’s books.