US Airways (NYSE: LCC) is up after announcing that the U.S. government had given its merger with AMR Corp (NYSE: AAR) the green light. The combined company will become a massive player in the airline industry, and Motley Fool analyst Matt Koppenheffer thinks that this is a good move for the company in the long run. He also thinks that it's good news for the average flyer, as ticket prices may come down after the merger; however, it probably won't benefit people in smaller markets who have fewer options. Despite all the positives, Matt's still hesitant to invest in the airline industry, and suggests that investors wait and see what this merger means for US Airways before diving in.
Shares of US Airways are up today after the company received the green light for its merger with AMR Corp.
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Mark Reeth wasn't born incredibly handsome, like so many are--he had to work hard to get to where he is today. Thankfully, through much blood, sweat, and hair products, Mark Reeth is now one incredibly good-looking Consumer Goods Editor. But Mark Reeth wasn't born a Consumer Goods Editor--he started as a writer for Fool.com, became a Blog Editor, and now loves reading all the latest Consumer Goods news. If you want to read all the latest Consumer Goods news, follow him on Twitter @ChristmasReeth.