Independent journal on economy and transport policy
08:01 GMT+2
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Brussels approves of the fusion between US Airways and American Airlines
the new company will take part of the alliance oneworld
August 5, 2013
the EU commission has approved of the fusion between the American airline US Airways and the compatriot AMR Corporation, to which the airline American Airlines is under responsibility, operation that will create to the first aerial carrier of the world. Brussels has given the go-ahead free to the concentration as a result of the engagements assumed from the two groups Americans in order to answer to the worries manifested from the EU commission approximately the creation of a monopoly on the aerial route London-Philadelphia determined from the fusion.
the AMR shareholders will stop the 72% of the American Airlines new, while those of US Airways will have the 28% of the common stocks of the integrated company. According to announced how much from US Airways and AMR, the new company he will take part of the alliance oneworld.
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