According to both the Wall Street Journal, and the Associated Press, the boards of American Airlines and USAir voted today to merge the two companies into what would become the world’s largest airline.
Initial reports say the airlines will keep the “American” name.
In recent years we’ve seen Delta and Northwest, United and Continental, and Southwest and Airtran merge. With this new merger, the big four mega airlines would control 87% of the U.S. airline industry.
We can expect an official announcement and more details on Thursday.