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Article posted: 2/13/2013 9:51 PM

American Airlines, US Airways to merge

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A merger of American Airlines and US Airways has long been rumored. Negotiations between the two airlines may finally conclude this week.

ASSOCIATED PRESS

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Directors at AMR Corp.’s American Airlines and US Airways Group Inc. approved an $11 billion merger that will create the world’s largest carrier and shrink the U.S. industry to three dominant companies, people familiar with the matter said. The airlines’ boards voted Wednesday after the two sides agreed to final terms, and those decisions set the stage for an announcement today, the people said.
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