The New U.S. Air/American Airlines Is At Full Throttle And Ready For Take Off.

Doug Parker is one very sharp guy. He has been carefully putting together plans for the takeover/merger of American Airlines for some time. Taking his time, crafting things like rising in customer service ratings, getting the support of AMR's unions, gathering numbers that show this combination will be successful financially. The stock is on the rise again as the news has just broken that A.A. & U.S. Airways pilots have also joined with AMR's three other unions and come to an agreement that combining the two is what they want. Don't let this ship sail without you. The official statement is so close its like a protracted Christmas Eve for investors. I figured out this was going to happen when AMR posted its huge loss but also bought "Fleet Compatible" Airbus Jets, back then the U.S. Air stock was just $4.00 a share and today it is: US Airways Group, Inc. (LCC)-NYSE
$10.66 12:40PM EDT and steadily moving up.

In 2005 when America West took over U.S. Air the U.S. Air stock took just 33 days to go from $19.00 a share to a peak of $61.00. This event will be filled with adjectives in the media. Brian Williams may have the intro to his NBC Evening News interrupted again.

My guess is that within three weeks of an official announcement the stock will well past the 2005 peak of just $61.00. The sky's the limit. The prices will be rolling upwards like a Vegas Slot Machine out of control.

No doubt that news such as: "A combined US Airways-American Airlines would be able to better compete with United-Continental and Delta Airlines. Cost savings would be significant. In addition, American Airlines is strong in areas that US Airways is not. Also of great significance is that union leaders support a merger for American, according to a USA Today article." Small Cap Network April 23, 2012

And..."Can The US Airways-American Merger Make You Money?" - YES- Investment Underground May 2nd 2012

Such consistently positive news, that outweighs the skeptics, is only helping to move this deal along faster and faster. Kudos to U.S. Airways C.E.O. Doug Parker for not just the skill with which he has put this together but also for, unlike AMR's plan; saving thousands of jobs. Not only will the name American Airlines be saved but so will thousands of jobs. That's worth cheering about.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Additional disclosure: When I did the math on the news of American Airlines huge loss, that had not even hit the wires, combined with the purchase of 300+ Airbus jets I used my "News Stringer" investigatory skills to pursue the story. When it was finally clear that I was right my parents gave me a small share of U.S. Air Stock. As a former employee and long time friend of an America West/U.S. Airways employee I have met, briefly, with Doug Parker and found him to be the smartest guy in the room who just blends right in. I hope to fllow the new American Airlines as it finds its footing and write about what events along the bumpy road ahead means for investors.