Los Angeles Business Journal

AMR Board to Study Merger Option

Wednesday, January 9, 2013

Directors of American Airlines' parent company likely won't make a decision when they meet Wednesday to consider a possible merger with US Airways, even as momentum for a deal is building, the Associated Press reports. Investors have been bidding up US Airways' stock price, and leaders of the two pilot unions have agreed on how to combine contracts, two developments that analysts say strengthen the case for a deal.