Reuters: Bankruptcy News: American Airlines, US Airways say plan $11 billion merger

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American Airlines, US Airways say plan $11 billion merger Feb 14th 2013, 11:41 Thu Feb 14, 2013 6:41am EST Feb 14 (Reuters) - American Airlines and US Airways Group said they plan to merge in a deal that will form the world's biggest air carrier, which will have a combined equity value of $11 billion. The merger caps a wave of consolidation that has helped put U.S. airlines on more solid financial footing. The widely expected deal has been more than a year in the making. American, a unit of AMR Corp, filed for Chapter 11 bankruptcy in November 2011, and US Airways began its pursuit of a merger in early 2012.

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