Leaders of the deal between American Airlines and US Airways decided early on that they would only proceed as long as they had the backing of American employees. The two sides believe they would receive regulatory backing for a merger. The new company is to be called American Airlines and based out of Fort Worth, Texas.
Continental Airlines and UAL shareholders approved the deal, which will create the world's biggest airline
The $3 billion airline merger of UAL and Continental would create the world's largest airline.
Even if an agreement is reached, some say that consolidation will lead only to more crowded planes and higher prices.