US Airways CEO Talks Up Merger – The Wall Street Journal.

I thought you would be interested in the following story on WSJ.com.

US Airways CEO Talks Up Merger

http://online.wsj.com/article/SB10001424052702303425504577355702230689964.html

US Airways Group Inc. LCC -2.51%trumpeted support on Friday from the three main unions at AMR Corp.’s American Airlines for a possible merger that would create a new airline giant and potentially further rationalize a perennially struggling industry.

The move by US Airways capped weeks of negotiations aimed at an end run around AMR Chief Executive Tom Horton, who is vying to reorganize American as a stand-alone airline and insists any merger discussions wait until the company emerges from bankruptcy proceedings. The US Airways-union alliance increased pressure for a deal days ahead of AMR executives’ expected request for a bankruptcy judge to allow it to reject existing labor contracts.