US Airways Group Inc. (NYSE: LCC) Merges with Am
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Posted On: 02/26/2013 10:43:27 AM
US Airways Group Inc. (NYSE: LCC) Merges with American Airlines: What Investors can Expect from the Fallout
The corporate circles are abuzz with the news of the merger between US Airways Group Inc. (NYSE: LCC) and American Airlines, and the comeback of the ‘One World Alliance’. It is no secret that alliances have proven to be some of the smartest moves by airline carriers in the past, with Star Alliance being a good example of a success story. According to reliable sources, US Airways (NYSE: LCC) is set to leave the Star Alliance and join AMR Corporation’s (OTCBB: AAMRQ) American Airlines, giving rise to an $11 billion merger that will not only create the world’s largest passenger airline, but also make for a viable growth in the stocks..........
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