NEW YORK: US Airways Group is hoping to file paperwork with U.S. antitrust regulators as early as July for a proposed merger with AMR Corp, the bankrupt parent of American Airlines, according to people with knowledge of the matter.
US Airways believes securing regulatory approval for its proposed deal would remove one key element of uncertainty from the picture, bolstering its case as AMR's creditors compare the merits of a merger with the carrier's standalone restructuring plan, said the sources, who asked not to be named because they were not authorized to speak publicly about the matter.