M&A Deal Summary

American Airlines Acquires US Airways Group

On February 14, 2013, American Airlines acquired airliner US Airways Group for 11.0B USD

Acquisition Highlights
  • This is American Airlines’ 1st transaction in the Airlines sector.
  • This is American Airlines’ largest (disclosed) transaction.
  • This is American Airlines’ 1st transaction in the United States.
  • This is American Airlines’ 1st transaction in Arizona.

M&A Deal Summary

Date 2013-02-14
Target US Airways Group
Sector Airlines
Buyer(s) American Airlines
Deal Type Merger
Deal Value 11.0B USD
Advisor(s) Barclays Investment Bank (Financial)
Latham & Watkins
O'Melveny & Myers
Cadwalader, Wickersham & Taft
Dechert (Legal)

Target

US Airways Group

Tempe, Arizona, United States
US Airways Group, along with US Airways Shuttle and US Airways Express, operates nearly 3,200 flights per day and serves more than 200 communities in the U.S., Canada, Mexico, Europe, the Middle East, the Caribbean, Central and South America. The airline employs more than 32,000 aviation professionals worldwide, operates the world's largest fleet of Airbus aircraft and is a member of the Star Alliance network, which offers its customers more than 21,500 daily flights to 1,356 airports in 193 countries. Together with its US Airways Express partners, the airline serves approximately 80 million passengers each year and operates hubs in Charlotte, N.C., Philadelphia and Phoenix, and a focus city in Washington, D.C. at Ronald Reagan Washington National Airport. US Airways Group, Inc. was formed in 1939 and is headquartered in Tempe, Arizona.

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Buyer(S) 1

Buyer

American Airlines

Fort Worth, Texas, United States

Category Company
Founded 1930
Sector Airlines
Employees132,800
Revenue 52.8B USD (2023)
DESCRIPTION
Entrance to American Airlines' corporate headquarters in Fort Worth, Texas.
Entrance to American Airlines' corporate headquarters in Fort Worth, Texas.

American Airlines is the holding company for American Airlines. American offers an average of nearly 6,700 flights per day to nearly 350 destinations in more than 50 countries. American is a founding member of the oneworld alliance, whose members and members-elect serve nearly 1,000 destinations with 14,250 daily flights to 150 countries. American Airlines was incorporated in 1930 and is based in Fort Worth, Texas.


DEAL STATS #
Overall 1 of 4
Sector (Airlines) 1 of 1
Type (Merger) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 3
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-15 American Beacon Advisors

Irving, Texas, United States

American Beacon Advisors is a provider of investment advisory services to institutional and retail markets. American Beacon Advisors serves defined benefit plans, defined contribution plans, foundations, endowments, corporations, and other institutional investors, as well as retail clients. American Beacon Advisors was founded in 1986 and is based in Irving, Texas.

Sell $480M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-10 Vertical Aerospace

Bristol, United Kingdom

Vertical Aerospace is an urban air mobility and electrifying air travel. Vertical Aerospace was founded in 2016 and is based in Bristol, United Kingdom.

Buy -