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The rumors about American Airlines, a subsidiary of AMR Corp. (AMR), merging with another airline have been heating up since the company filed for bankruptcy protection in November last year. Finally, the market buzz appears to be coming true with the three labor unions of American Airlines supporting a plan for the bankrupt carrier’s merger with rival US Airways Group Inc. (NYSE:LCC), the fifth largest U.S. airline.
This move represents a first step toward a consolidation, though creditors, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards