A combined AMR (AAMRQ.PK) and U.S. Airways (LCC) would reportedly be valued at over $8B, putting...

|By:, SA News Editor

A combined AMR (AAMRQ.PK) and U.S. Airways (LCC) would reportedly be valued at over $8B, putting it on a par with Delta Airlines. AMR CEO Tom Horton yesterday said the carrier will decide soon whether to merge with U.S. or try to exit bankruptcy protection as an independent carrier. The company is also open to receiving private-equity financing or other external funding.