American Air Deal Decision May Come Within Weeks

Date : 08/12/2012 @ 10:00PM
Source : Dow Jones News
Stock : US Airways Grp. New US Airways Grp., Inc. (LCC)
Quote : 22.55  0.0 (0.00%) @ 2:05AM

American Air Deal Decision May Come Within Weeks

Amr Corp. (QB) (USOTC:AAMRQ)
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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. (AAMRQ).

"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. (LCC) remains a possibility, the report said. "It may be an attractive option under the right circumstances," the FT quoted him as saying.

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