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US Airways-American merger clears EU hurdle

The European Union’s regulators gave their approval for the planned merger of US Airways and American Airlines on Monday, without requiring any divestitures likely to impact Charlotte.

The EU required US Airways and American to agree that the post-merger company will give up a daily flight from London’s Heathrow Airport to Philadelphia International Airport.

US Airways currently operates a daily, non-stop flight from Charlotte Douglas International Airport to Heathrow.

The European regulatory approval is one of the final remaining hurdles for the merger, which will create the world’s largest airline.

A bankruptcy court judge overseeing the case of American’s parent company, AMR Corp., is expected to approve the company’s plan of reorganization next week. The companies are also awaiting approval from the U.S. Department of Justice, which is looking into antitrust issues.

US Airways and American hope to close their merger by next month.

Portillo: 704-358-5041 On Twitter @ESPortillo
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