16 OCTOBER, 2015 BY: EDWARD RUSSELL WASHINGTON DC
American Airlines and US Airways announced their merger with much fanfare at Dallas/Fort Worth International airport on Valentine's Day in 2013.
The chief executives of both carriers promised significant revenue benefits that would improve shareholder value and create long-term job security for employees while creating the world’s largest airline, all in one fell swoop in the announcement made in American’s Admirals Club in terminal D.
"This is an extremely complementary merger," said Doug Parker, then chief executive of US Airways and now chief executive of American, that morning. "I've long been a proponent of industry consolidation. This is the last needed piece to rationalise the [US] airline industry.