AMR-US Air Merger Set for December 9
The "new" American Airlines expects American expects to generate more than $1 billion in annual net “synergies” beginning in 2015. (Image: American Airlines)
The "new" American Airlines expects American expects to generate more than $1 billion in annual net “synergies” beginning in 2015. (Image: American Airlines)

American Airlines and US Airways announced they expect to complete their merger on December 9 following Wednesday’s approval by the U.S. Bankruptcy Court for the Southern District of New York of a lawsuit settlement reached between the airlines and the U.S. Justice Department. The court also ruled that the airlines may execute the merger despite the existence of a still unadjudicated private antitrust lawsuit.