AMR Nears Merger with U.S. Airways

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By Trey Thoelcke Published
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AMR, parent of American Airlines, has moved closer to an exit from Chapter 11 and a possible merger with U.S. Airways Group Inc. (NYSE: LCC), as pilots of the troubled company have opened one more door to a deal.

Even though such mergers are often disasters. as the new, merged carrier struggles with labor problems and customer service undercut by combining reservations systems and staff, U.S. Airways wants to get bigger, like Delta Air Lines Inc. (NYSE: DAL) and United Continental Holdings Inc. (NYSE: UAL) recently did through mergers of their own.

According to The Wall Street Journal:

After three weeks of confidential negotiations overseen by AMR’s creditors committee, the Allied Pilots Association board on Saturday voted 11-5 in favor of a proposed accord, the union said. Terms weren’t disclosed. The proposal requires the assent of the other parties to the talks, including both carriers and US Airways’ pilot union.

Douglas A. McIntyre

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About the Author Trey Thoelcke →

Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.

Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community. He previously oversaw the 24/7 Climate Insights site, managing editorial operations and content strategy, and currently oversees and creates content for My Investing News.

Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.

Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, overseeing a long-running critique group and moderating workshop sessions at regional conventions. He lives with his family in an old house in the Midwest.

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