US Airways and American Airlines’ tails
American Airlines parent AMR Corp. has emerged from Chapter 11 bankruptcy protection and completed its merger with US Airways; the companies officially formed the new American Airlines Group Inc. on Monday morning. The airlines had been planning to close their merger in the 2013 third quarter, but a surprise antitrust lawsuit filed by the US Department of Justice (DOJ) in August sought to block the formation of the world’s largest airline and temporarily delayed the combination’s ...
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