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AMR and US Airways Said to be Closer to Merger

A decision could be announced early next month, sources say.

By Mary Schlangenstein, Jeffrey McCracken and Beth Jinks, Bloomberg | Updated on December 20, 2012

American Airlines parent AMR Corp. and US Airways Group Inc. are moving closer to a merger, and a decision could come early next month, people familiar with the matter said.

Teams from each carrier are discussing how to combine departments, including personnel, compensation and severance, said the people, who asked not to be identified because details are private. AMR’s board will meet Jan. 9 to decide whether to go ahead, with an announcement possible within days, said the people. The talks may yet be scuttled or delayed, they said.

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