February 14, 2013 at 12:51 PM EST
American, US Airways To Be World's Largest Airline
The combination of American Airlines and smaller rival US Airways (LCC) creates the world's largest carrier by revenue and passenger traffic, valued at about $11 billion, The airlines on Thursday confirmed the deal, which was widely reported Wednesday night. The combined carriers will keep American Airlines' name, with US Airways' CEO Doug Parker leading the new airline. It will be headquartered in the Dallas-Fort Worth region, American's current
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