American Airlines, US Airways announce $11-billion merger

PTI Updated - February 14, 2013 at 05:35 PM.

American Airlines and US Airways say they’re merging in a deal they value at $11 billion, creating the world’s biggest airline.

The combined carrier will be called American Airlines but run by US Airways CEO Doug Parker.

The airlines announced their deal today.

It reduces the number of major US airlines to four.

Published on February 14, 2013 12:05