WACO -
American Airlines and U.S. Airways are expected to announce their merger early Thursday morning at Dallas- Fort Worth Airport. The merger will make them the world's largest airline.
The new carrier will keep the American Airlines name but will reportedly be run by U.S. Airways CEO Doug Parker. American's CEO Tom Horton will be the new chairman of the company.
After months of rumors and negotiations the boards of both companies reached an agreement late Wednesday evening. Both companies combined will bring in nearly $39 billion in revenue.
The affects of the merger on Waco Regional and Killeen- Fort Hood Regional Airports are still unknown. Waco city official Larry Holze told News Channel 25 that indications from the merger are that it will have no negative impact on Waco Regional and may very well have a positive effect on the service.
American Eagle, a partner airline with American, flies from both Waco and Killeen Regional Airports. Four flights to and from DFW are offered each day. American is reportedly happy that they are now the exclusive carrier at Waco since Continental's regional partner stopped serving Waco last year.
