December 9th, 2013
09:46 AM ET

American Airlines and U.S.Airways Merger Creates World's Largest Airline

The merger of American Airlines and US Airways is expected to become official before the markets open today.

The new company will be named American Airlines.

"The deal cleared a series of legal hurdles that included an order from the Justice Department for the new airline to give up some access at two major airports," reports CNN's Alison Kosik.

Meanwhile, stock futures are generally higher this morning after the Dow had its best day in two months on Friday.

"The Dow rocketed 198 points after a better than expected jobs report for November," Kosik reports.

And there’s good news for loyal AMC Theatres goers who want to cash in on their fandom.

The company is gearing up to go public, and according to letter from CEO Gerry Lopez, members of AMC's Stubs Rewards program will be offered the same price as banks and large Wall Street institutions.

Posted by
Filed under: moneytime • News • Tech • Videos
soundoff (One Response)

Post a comment


CNN welcomes a lively and courteous discussion as long as you follow the Rules of Conduct set forth in our Terms of Service. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Service.