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American, US Airways begin merger talks

American Airlines and US Airways are one step closer to a potential merger.

Published: Sept. 1, 2012 at 12:05 a.m. PDT
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American Airlines and US Airways are one step closer to a potential merger.

The companies said Friday they have started confidential merger talks. But a deal is still far from reality.

“It does not mean we are merging — it simply means we have agreed to work together to discuss and analyze a potential merger,” US Airways CEO Doug Parker said in a letter to employees Friday.

Such a merger would put the combined airline on par with the world’s largest — United Continental Holdings Inc. — and the slightly smaller Delta Air Lines.

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