Five board members of the new airline formed from the merger US Airways Group, AMR Corp and American Airlines come from investment firms.
Deals
Telus ends plan to buy Mobilicity after government intervenes
Telus drops plans to buy-out Mobilicity. (Photo : REUTERS)Canada's 2nd largest wireless company The transfer of the license for Mobilicity's wireless spectrum to Telus was declined.
Japan Telco giant increases bid on Sprint
Japan's SoftBank announced on Monday an increase in their initial offer to counter bid by Dish Network.
Lucio Tan to Consider Exiting Philippine Airlines After Two Decades
Billionaire Lucio Tan is considering to exit the aviation industry by means of share sale after two decades in the business.
Indian Suitors Eye Deals for Australia Coal Mines
Rio Tinto received numerous interested parties to purchase its stake after announcing to raise funds for debt payment.
Latest News
Deloitte, the tax and advisory firm, has bought McColl Partners. (Photo : Reuters)The image is the logo of the top accounting firms in the US, Deloitte.
Freddie Mac announced a higher than market average value for its three month and six month bonds totalling US$3 billion.
Greece is required to sell off its energy company shareholdings as part of their bailout deal. (Photo : REUTERS)A Greek flag flies behind a statue to European unity outside the European Parliament in Brussels The largest refinery in Greece, Hellenic Petroleum was one of the assets identified in the privatization plan of the country.
Britain's second largest pharmaceutical company, AstraZeneca, plans on buying U.S. based Pearl Therapeutics.
European regulators see no issue with the purchase by Delta Airlines of 49% of Virgin Atlantic. (Photo : REUTERS)The Delta airline logo is seen on a strap at JFK Airport in New York According to Delta Airlines, it is expecting the unconditional approval from the European regulatory authorities for its purchase of 49% of Virgin Atlantic.
Dangote Cement sells off 1.5% to an unidentified sovereign wealth fund for 45.8 billion naira. (Photo : Reuters)The image is of Africa's richest man, Aliko Dangote.
Facebook reported a 5.2% gain despite a continuous drop since May 2012. (Photo : Reuters)The image is the company confirmation of its listing in the NASDAQ.
Sprint Nextel is convincing its shareholders to agree to one deal for itself while it participates in the acquisition of Clearwire against the same bedfellow.
Google's US$1.3 billion purchase of Waze would create a ripple effect deep into the Israeli economy.
