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US Air, AMR near $11 billion merger, deal seen within week - sources

US Airways

US Airways Group Inc and AMR Corp are nearing an $11 billion merger that would create the world's largest airline and could announce a deal within a week, after resolving key differences on valuation and management structure, people familiar with the matter said.

 

Delta and US Airways Report Profit

Delta, AMR and US Airways attributed the result to higher ticket prices and a rebound in air travel.

 

American Airlines to Boost Capacity

AMR narrowed its loss to $344 million. The parent of American Airlines said it plans to increase international capacity this year.

 

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