It's Official: American Airlines is Merging With US Airways, Closing Next Month

More to come...press release below:

Nov. 12, 2013, 11:44 a.m. EST

AMR Corporation And US Airways Announce Settlement With U.S. Department Of Justice And State Attorneys General Settlement Allows for Completion of Merger in December

FORT WORTH, Texas and TEMPE, Ariz., Nov. 12, 2013 /PRNewswire via COMTEX/ -- AMR Corporation, the parent company of American Airlines, Inc., and US Airways Group, Inc. today announced that the airlines have settled the litigation brought by the U.S. Department of Justice (DOJ), the States of Arizona, Florida, Michigan and Tennessee, the Commonwealths of Pennsylvania and Virginia, and the District of Columbia challenging the merger of AMR and US Airways. The companies also announced an agreement with the U.S. Department of Transportation (DOT) related to small community service from Washington Reagan National Airport (DCA).

Tom Horton, chairman, president and CEO of AMR, and incoming chairman of the board of the c

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