Regions

In the hopes of winning regulator approval of the USD11 billion merger, US Airways Group and American Airlines considered to give up landing and take-off slots at the Washington Ronald Reagan National Airport.

Both airlines had hoped to reach a settlement with the US Justice Department. The trial for the deal is due to begin on November 25 which would pave the way for the world's largest air carrier.

In anticipation of the deal, US Airways Group and American Airlines stock prices have risen. On Wednesday, following Dow Jones report on the possible proposal the stock prices rose even further. AMR Corp, American Airlines' parent company, rose up to 4.3% at USD7.30 while US Airways Group Inc. rose to 0.94% at USD22.58.

Both airlines refused to comment on the merger. According to a court filing, AMR and US Airways have agreed on a mediator and are open to a settlement.