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.
Friday, May 24 2013 2:55 PM EDT2013-05-24 18:55:23 GMT
One person is killed and five others are injured after two cars collided in Coryell County Thursday night. Troopers have not completed their investigation, but initial reports indicate the accident occurredMore >>
One person is killed and five others are injured after two cars collided in Coryell County Thursday night.More >>
Friday, May 24 2013 11:52 AM EDT2013-05-24 15:52:44 GMT
Waco police have found the female suspect accused of stealing credit cards from Central Texas hospitals. 36-year-old Lakeshia Ann Kennedy has been charged with five counts of credit card abuse. PoliceMore >>
Waco police have found the female suspect accused of stealing credit cards from Central Texas hospitals.More >>
Friday, May 24 2013 10:54 AM EDT2013-05-24 14:54:04 GMT
Three men connected to a late night robbery in Killeen have been arrested. The incident occurred Tuesday night at 10 p.m. in the 100 block of Twin Creek Dr. When officers arrived on the scene, the victimMore >>
Three men connected to a late night robbery in Killeen have been arrested.More >>