American Airlines is evaluating five airlines for a potential merger.
American Airlines is evaluating five airlines for a potential merger.
A source familiar with the situation said AMR sees itself as an acquirer in potential mergers and at least five airlines — US Airways Group Inc, JetBlue Airways Corp, Alaska Air Group, Republic Airways’ Frontier Airlines, and Virgin America — will be considered.
American has faced mounting pressure from vocal members of its creditors committee, led by its largest labor unions, who have argued that a merger with US Airways would give the combined carrier a strong network to compete with rivals beefed up by their own mergers. US Airways has expressed interest in a merger and has been courting AMR’s creditors.
Read more at Reuters.
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