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    Flying the merging skies

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    euronews (in English)

    by euronews (in English)

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    The consolidation in the skies continues with the merger of American Airlines and US Airways Group.

    That will create the world's biggest airline in terms of passenger traffic and with a combined equity value of 8.25 billion euros ($11 billion).

    US Airways Chief Executive Doug Parker - a big advocate of industry consolidation - started pushing for this deal a year ago.

    ...
    http://www.euronews.net/