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Cleared For Merger: American Airlines, US Airways

After months of setbacks and delays, the merger of American Airlines and US Airways to create the world’s largest airline became all but certain on Tuesday after the airlines reached a settlement with the Justice Department just two weeks before a scheduled trial. The deal paves the way for the creation of a third major global airline that can compete with United Airlines and Delta Air Lines, which completed their own mergers in recent years, and sets the structure for the domestic airline industry for years to come.



Read the whole story at The New York Times »

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