Friday 31 August 2012

The giant merger between American Airlines and U.S. Airways said


A further step is taken in the long-awaited merger of American Airlines, under Chapter 11 of the U.S. bankruptcy law, and U.S. Airways. This would create the world's largest airline by passenger numbers at United and Delta. This behemoth weigh $ 37 billion. Friday, AMR, the parent company of American Airlines and U.S. Airways have announced study the possibility of a merger. Both carriers said they exchange information confidential and would discuss with the creditors of American Airlines.
American unions favorable In a note to staff his group, the CEO of U.S. Airways, Doug Parker said that the agreement of confidentiality applies to the conclusion of an agreement of merger or a final rupture of the talks. "We are pleased to work directly with American to study a possible merger and we see this as very good news," he wrote. So far, he had not seen officially as American unions. In April three large American organizations, one in each category of staff (ground, flight attendants and pilots) have signed an agreement with U.S. Airways working conditions, on the grounds that such a merger would preserve 6200 jobs. In addition, they insisted on the importance of the strategic component. In fact, the networks of both airlines flights are complementary. British Airways spared This approximation is likely to get the green light by competition authorities, insofar as it would allow the U.S. Airways-American couples to compete with United (result of the merger between United Airlines and Continental in 2010) and Delta (fruit it, the merger in 2008 between Delta Air Lines and Northwest). The merger would have the advantage of not disrupting global alliances. Isolated in Star Alliance, U.S. Airways would likely indeed to join Oneworld alliance American. It would be a great deal for British Airways, American historical partner on transatlantic routes, which, since the bankruptcy reorganization of American last November, tremble to see his partner disappear and be dismantled in favor of a competing scenario that isolate the transatlantic axis.

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