February 9, 2013 Bloomberg reports that AA and US boards to meet on Monday
Bloomberg is reporting that AA and US board of directors will both meet on Monday to vote on the proposed merger.
The combined carrier will be called American Airlines and will be 72% held by the creditors committee. The other 28% will be held by US Airways stockholders. American stockholders will be bought out, at a yet to be determined price. Doug Parker will become CEO and Tim Horton the non-executive chairman for one to two years. In a move that looks a lot like the UA merger.
There are still details to be worked out, but it looks like it really could happen.