American Airlines and US airway are both leading airliners not just in North America but in the world. Now these two titanics have merge to form an even larger company. this merger would mean that the airline would own the largest fleet of airplanes in the world. i.e a staggarring 1500 aircrafts (largest in the world) including regional planes fleet with the most destinations in the world. Thats Huge! The merger is worth an estimated $11billion.
The company will operate under the American Airlines name and will be based at American’s headquarters in Fort Worth, Texas, with a major presence at the US Airways hub in Phoenix. Doug Parker, the US Airways chief executive, will run the combined company. American Airlines head Thomas Horton will serve as chairman of the board through the first annual meeting of shareholders, at which time Parker will take over as chairman of the board.
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