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US Airways, American Airlines move toward merger

US Airways chief executive Douglas Parker told employees that the company had taken initial steps toward a possible merger with rival American Airlines, which is in bankruptcy protection. (AFP Photo/Joshua Lott)

US Airways chief executive Douglas Parker told employees Friday that the company had taken initial steps toward a possible merger with rival American Airlines, which is in bankruptcy protection. In a letter to staff, Parker said a deal had been reached with three unions representing 55,000 American Airlines staff to…

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