Transcript for American, U.S. Airways Ponder Merger
Jon karl, thanks very much. Let's go to josh and news of that perhaps mega airline. It is a merger to be sure. Reports of the big deal in the airline int will affect all of us who fly. We're going to get to abc news' senior national correspondent, jim avila, with the very latest. Good morning to you, jim. Reporter: Good morning, josh. According to press reports and sources, the merger between american, the third-largest airline, and u.S. Airways, the fourth-largest, could happen officially as early as next week. Together, they would be the country's largest carrier. Most believe the new airline would keep the american logo, since it's best-known. And american just revealed a new look, which it's unlikely to get rid of so soon. Management is expected to be largely from u.S. Airways. What would this mean for the passenger? Frequent fliers should be able to use the miles on both airlines. It could mean higher prices because of less competition. The passengers will notice few changes immediately. It will take about a year, maybe more, for the merger to be complete.
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