A merger between US Airways and American Airlines, creating the nation's largest air carrier, has taken another step forward with the approval of a majority of US Airways shareholders.
About 99% of US Airways Group shareholders who voted Friday supported the merger with American's parent company, AMR Corp.
The vote was not surprising as it was US Airways that first proposed the merger after AMR Corp. filed for bankruptcy in 2011.
"This approval is a major milestone on our path to completing the merger, and we continue to make excellent progress overall thanks to the focused efforts of the dedicated representatives from both companies," said Doug Parker, chairman and chief executive of US Airways and incoming chief executive of the combined company.
The deal must still win approval from federal regulators and the U.S. Bankruptcy Court, which is overseeing the bankruptcy of AMR.