US Airways Investors Vote On American Airlines Merger

US Airways Group Inc (NYSE:LCC) shareholders approved the carrier’s plan to merge with AMR Corporation (NYSE:AAR)’s American Airlines, clearing another hurdle to the deal that would create the world’s largest carrier. US Air Chief Executive Doug Parker announced during the company’s annual meeting on Friday, that a sufficient number of shares were cast in favor of the merger based on preliminary results. The $11 billion merger deal was announced in February and the companies expect to complete it by the end of September, said Parker who will be chief executive of the new American Airlines, which will be based in Texas….