American Air Deal Decision May Come in Weeks
08/12/2012| 09:46pm US/Eastern
American Airlines might make a decision within weeks about whether to pursue a merger, the Financial Times newspaper reported Sunday, citing Tom Horton, chief executive of the airline's parent company, AMR Corp. (>> AMR Corporation).
"It's probably even a matter of weeks," the report quoted Mr. Horton as saying on the issue of when a decision might come. "We're in the middle of that right now."
Mr. Horton said a merger with U.S. Airways Group Inc. (>> US Airways Group, Inc.) remains a possibility, the report said. "It may be an attractive option under the right circumstances," the FT quoted him as saying.
Full story: http://www.ft.com/intl/cms/s/0/00dab556-e465-11e1-affe-00144feab49a.html