They're saying that the merger will create the "Worlds Largest Airline"!
American cleared its last hurdles to merging with US Airways Wednesday when a bankruptcy court judge approved its settlement of a lawsuit filed by U.S. Justice officials that sought to block the tie-up.
Judge Sean Lane of the United States Bankruptcy Court , Southern District of New York, granted motions approving the settlement in which American and US Airways agreed to give up dozens of take off and landing slots at Washington's Reagan National Airport and New York City's La Guardia airports.
He also denied a request for a temporary restraining order filed in a separate civil suit to stall the merger.
Those were essentially the last legal approvals needed to allow the deal to close, creating what will be the largest airline in the world.
American and US Airways reached a settlement earlier this month with the U.S.Department of Justice who sued to block their merger on the grounds that it would diminish competition and raise fares.
American and US Airways agreed to give up dozens of take off and landing slots that are expected to go to low-cost carriers. The airlines also said they would retain their eight hubs for three years.
Based on the settlement with Justice officials Lane said ""One must assume the anticompetitive concerns ... Have been satisfactorily addressed "
Officials of the new airline have said that if they received all approvals they world close the merger in December.
I just hope they keep the consumers best interest in mind when making changes with the "New American".