European Commission approved world's largest airline creation

None
None
BRUSSELS. August 6. KAZINFORM - The European Commission approved merger of American airlines «US Airways» and «American Airlines», the new airline will become the largest in the world according to a number of parameters, the press service of the European Commission reports.

The Commission noted that two major U.S. carriers amalgamation could lead to the monopolization of "London - Philadelphia" flight connection from Heathrow.

It is assumed that the merger of two American companies should be completed in the third quarter of the current year. The capitalization of the new carrier will exceed USD 11 billion.

Currently reading