American, US Airways announce USD 11 billion merger

Dallas (US), Feb 14 (AP) American Airlines and US Airways say they're merging in a deal they value at USD 11 billion, creating the world's biggest airline. The combined carrier will be called American Airlines but run by US Airways CEO Doug Parker. The airlines announced their deal today. It reduces the number of major US airlines to four. (AP) HAZ 02141719 NNNN