Analyst says an AMR-US Airways merger ‘feels more likely’ now
Airline analyst Hunter Keay of Wolfe Trahan sees the chances for an AMR merger with US Airways on the rise. In a research note Friday, he cites four reasons, and I quote:
(1) APA [the Allied Pilots Association at American Airlines] last week approved a transition agreement, presumably with the input of other creditors, on how to proceed if a merger is announced,
(2) the aggregate market caps of network airline stocks increased … [visit site to read more]
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