Here are a few newsworthy items about US Airways, American Airlines and even their merger with comments:

US Airways earns record 2Q profit

US Airways has earned a pre-tax profit of $409 million excluding net special items to rack up its most profitable 2nd quarter result ever.  People can talk about how US Airways has done this on having low costs but that completely ignores something that stands out here in bold, bright letters:  These guys know how to drive revenue with an inferior network, aircraft, service model and they do it over and over and over again.

Yes, that’s who we want in charge of American Airlines Group.

The EU is going to clear the US Airways / American Airlines merger

The European Union is set to give its approval to the merger of the two airlines contingent on the Philadelphia and London route being handed over to someone else.  I continue to believe that this may not be enough for US regulators at this time.  This is a very small “give” for this merger and control of routes into London Heathrow from the United States between American Airlines Group and British Airways will be . . . stunning.

It’s time to wrap up voting in the AA Bankrtupcy

Creditors and other stakeholders cast their final votes on 7/29 and after a count is known, it must be submitted to bankruptcy judge Sean Lane in New York City who will hold a hearing on 8/15 to give approval to the merger.

Part of me expects that we will hear from US regulators about their approval of this merger on or before that date.

Filed under: Airline News by ajax
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