American Airlines parent AMR Corp., now reorganizing in bankruptcy, expects to reach a decision within weeks on whether to merge with US Airways Group Inc. or remain independent, Chief Executive Officer Tom Horton said.
Workplace
Board of American’s parent to meet Jan. 9; possible US Airways merger still weeks off
January 3
The company’s board and unsecured creditors committee asked unions at American and at US Airways to help evaluate the benefits, costs and risks of a deal, Horton said Thursday in a memo to employees.
“I can assure you we are conducting a collaborative, fact- based analysis to determine the best path forward for American,” Horton wrote. “While I cannot give you a precise date, I can tell you that we expect to bring this to conclusion within a matter of weeks.”
AMR has a board meeting set for Jan. 9 at which it hoped to be ready to decide whether to go ahead on a tie-up, Bloomberg said, citing unnamed sources. US Airways has been pursuing a merger with American, which filed for bankruptcy in November 2011, to form the world’s largest carrier.




