Can American Airlines Be Revived?: US Airways Group, Inc. (LCC), Delta Air Lines, Inc. (DAL)
From Insider Monkey - Free Hedge Fund and Insider Trading Data
January 28, 2013 - 1:30pm
In a deal that reflects the gloomy state of the North American airline industry, Tempe, Arizona-based US Airways Group, Inc. (NYSE:LCC) has laid out a concrete proposal to purchase Fort Worth-based American Airlines (NasdaqOTH: AAMRQ) out of bankruptcy. The all-stock deal would create a new airline with a market capitalization of roughly $8.5 billion and an [...]
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