US Airways, Delta in the running
(NEWSER) - Fellow airlines and a private-equity firm are considering buying American Airlines' parent company, which filed for bankruptcy just months ago . Though AMR has struggled in recent years—American hasn't turned a profit since 2007—its decades-old airline holds the No. 3 position among US carriers by traffic. A merger with Delta or US Airways would further shrink the number of major national airlines: There are currently just five, about a third of the number that existed some 20 years ago, the Wall Street Journal reports. More»
