French giant Safran group has begun exclusive negotiations for a friendly takeover of Zodiac Aerospace. The move was announced at a press conference on Thursday in Paris to explain the €9.7 bn merger that will create the world’s second largest supplier of aircraft equipment. Read our news article.
As a result of their merger with US Airways 18 months ago, the new American Airlines is now undoubtedly the largest airline in the world and intends to remain so.
As from today, 9th., December, American Airlines and U.S. Airways are now a single entity. An amicable settlement with the U.S. Department of Justice having been found, the new American Airlines thus becomes the world's No. 1 in the industry...