US Airways bid spurned despite Delta blues

[casper]

America's seventh largest airline, US Airways, has made an unwelcome $8bn (£4.2bn) bid to merge with its larger rival Delta Airlines in a move that prompted a flurry of excitement in the industry about consolidation to trim the number of cash-strapped carriers.



The proposed deal would create a new leader on routes across the Atlantic. Both airlines already serve Gatwick airport, plus other destinations in the UK and continental Europe.



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