This is not good news for those living in the Phoenix metro area, particularly those employed by US Airways. Slowly we are reduced to just 3 or 4 major airlines in the USA (United, Delta, American and Southwest).
No matter how much the CEOs deny it, a merger almost always results in layoffs in high numbers, while the stock holders gain. They make it sound so good when they merge, but we know what happens when corporations merge.
What bothers me is the bankrupt AA gets to keep its name while the successful US Airways loses its name, logo, and its head quarters in Phoenix. This is going to seriously impact the economy where I live, in a negative way.
My sympathies to the employees of US Airways, and probably to myself. I hated the tiny planes of American, United and Delta in the past. Now we are stuck with them forever, except when I fly Southwest (almost always, in mainland USA).