US Airways is pitching a plan to some creditors of American Airlines for a merger, the Wall Street Journal reported online. According to the report, US Airways claims at least $1.5 billion could be gained in terms of revenue and cost savings.
If the story is true, there could be more stringent scrutiny from the anti-trust regulators and it could delay AA emerging from bankruptcy.
We will follow this story closely and report if more details are available.
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