The new airline, which will use the American Airlines name, will beef up American's network, particularly along the East Coast, where US Airways (LCC, Fortune 500) is a major player with its Washington-New York Shuttle and hubs in Philadelphia and Charlotte.
The proposed merger of US Air and American parent AMR, which filed for bankruptcy in November 2011, is the latest in a series of moves that have combined what were 10 major airlines in 2001 into four mega-carriers.
The combined US Airways-American joins United Continental, Delta Air Lines and Southwest Airlines as the industry's dominant players in the United States. Together, they accounted for 83% of U.S. airline passengers last year. The consolidation has meant fewer choices for the nation's fliers, who have only one non-stop choice available to them on about a third of the nation's major routes.
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