6 JANUARY 2014
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In what in fact is a second reverse take-over (US Airways reversed into American West in 2005) American Airlines completed its merger with US Airways just before the year end holiday period creating the world’s largest airline.
The new enlarged American Airlines is headed by former US Airways CEO Doug Parker, and will operate 6,700 daily flights to more than 330 destinations across 50 countries employing more than 100,000 people worldwide.
“Our people, our customers and the communities we serve around the world have been anticipating the arrival of the new American," said Parker.
“We are taking the best of both US Airways and American Airlines to create a formidable competitor, better positioned to deliver for all of our stakeholders.
“We look forward to integrating our companies quickly and efficiently so the significant benefits of the merger can be realised."
The merger will see US Airways leave the Star Alliance on 30 March, and join oneworld on the following day. www.aa.com
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