Is U.S. Airways merging with American Airlines?

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Friday, July 12, 2013 - 10:19am

Major shareholders with U.S. Airways are meeting today (Friday) in New York to vote on a merger with American Airlines.

The Fort Worth Star-Telegram reports shareholders must approve the proposal to complete the 11-billion-dollar merger.

U.S. Justice Department officials must also give a thumbs-up. The new combined airline would be known as American Airlines, and it would be based in Fort Worth, Texas but the Star-Telegram reports 19 State Attorneys General have joined an anti-trust review, expressing concerns the merger will mean fewer flights and less service for travelers.
 

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