AA, US Airways clear final hurdle for merger

AA, US Airways clear final hurdle for merger

Credit: Getty Images

DALLAS, TX - FEBRUARY 14: Thomas Horton (L) Chairman, President and Chief Executive Officer of American Airlines, and Doug Parker, Chairman and CEO of US Airways pose with a model triple seven airraft during a news conference to announce the merger of the two airlinesFebruary 14, 2013 in Dallas Texas. US Airways and American Airlines have agreed to an $11 billion merger, creating the largest airline in the world. The airline will be called American Airlines and be headed by US Airways CEO Doug Parker. (Photo by Donna McWilliam/Getty Images

Print
Email
|

by DIANA RUGG / NBC Charlotte

Bio | Email | Follow: @DianaRuggwcnc

WCNC.com

Posted on December 8, 2013 at 6:06 PM

Updated Sunday, Dec 8 at 6:13 PM

CHARLOTTE, N.C. -- The merger of US Airways and American Airlines has cleared its last hurdle and will become official Monday morning.

A U.S. Supreme Court Justice declined to hear a challenge to the merger from a consumer group Saturday, clearing the way for the airlines to join.

Doug Parker, CEO of the merged airline, will ring in the morning bell remotely for the new airline on the NASDAQ Monday from the Dallas-Ft. Worth Airport, joined by one-thousand of the company's employees.

It will trade under the new symbol AAL.

In Charlotte, Kenji Hashimoto, the Senior Vice President of regional carriers, and Terri Pope, the Vice President of the Charlotte hub, will be on hand to answer questions.

The new airline will be the country's largest.  Charlotte-Douglas Airport will be the airline's second-largest hub, next to Dallas-Fort Worth.

 

Print
Email
|