American Airlines and US Airways boards approve merger

The boards of US Airways and AMR, American Airlines' parent company, have given final approval to a merger of the airlines. Industry experts consider the deal the last great mega-merger in U.S. aviation. If the $11 billion all-stock deal closes, it will create the world's biggest airline and put four major carriers in control of 86% of air travel in the U.S.

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Washington Post, The · Arizona Republic (Phoenix) (tiered subscription model), The · Fort Worth Star-Telegram (Texas)

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