It’s Official: American & US Airways To Merge
Although not really a surprise to anyone, the airline industry can stop asking questions about whether US Airways and American will merge to create one of the world’s largest airlines. Both companies announced this morning that the two will definitely merge. The new airline will operate under the American Airlines name, what they are calling “The New American.” The new airline will be a member of the OneWorld Alliance, of which American Airlines is currently a part of. US Airways is currently a member of Star Alliance, along with United. The combined airlines currently have about 600 new mainline aircraft on order, making the new American's fleet one of the most modern out there. One of the main reasons this merger took so long to finalize was a disagreement over who should run the airline. It has been announced that Thomas Horton, CEO of American will serve as Chairman of the Board, and Doug Parker, CEO of US Airways will serve as CEO of the combined airline. As far as hub operations go, not too much will change once the airlines merge. They plan on maintaining all hubs that both airlines currently operate since they are pretty complementary to each other. Headquarters will be based in Dallas-Fort Worth, home to American. However, they plan on mainting a strong presence in Phoenix, which is home to US Airways. All regional carriers will continue to operate as seperate entities. This merger will allow members of US Airways' frequent flyer progam to have more access to international destinations through increased Transoceanic flights that the airline currently lacks. US Airways currently doesn't serve Asia at all, one the fastest growing Commercial Aviation markets in the world. Tom Horton and Doug Parker are holding a press conference later today, so check here for any updates. The airlines have created a new website where you can learn all about the industry's latest merger at www.newAmericanarriving.com. You can also get more info at www.aa.com/arriving and www.usairways.com/arriving.