Space porn: These images are (quite literally) out of this world
NEW YORK (AP) — American Airlines and US Airways are one step closer to a potential merger.
The companies said Friday they signed legal documents allowing them to confidentially exchange information. But a deal is still far from reality.
“It does not mean we are merging — it simply means we have agreed to work together to discuss and analyze a potential merger,” US Airways CEO Doug Parker said in a letter to employees Friday.
Such a merger would put the combined airline on par with the world’s largest — United Continental Holdings Inc. — and the slightly smaller Delta Air Lines.
Parker has been pushing for a merger since American’s parent company, AMR Corp., entered Chapter 11 bankruptcy protection on Nov. 29, 2011. American Airlines CEO Tom Horton has said his airline is weighing several options, including remaining independent or merging with one of several airlines, including US Airways Group Inc.
In a note to all American Airlines managers Friday, the airline said it is cutting its expenses in bankruptcy court and is “also now looking at other strategic options that could make the new American even stronger.”
The signing of non-disclosure agreements means the companies will not share their discussions with outside parties. The airlines warned in a joint press release that they will not “provide any further announcements regarding the status of any such discussions unless” a merger is ready to be announced or if the talks fall apart.
US Airways’ stock price rose nearly 4 percent to $10.89 shortly after the market opened Friday. The merger talk announcement came before trading began.
Scott Mayerowitz can be reached at http://twitter.com/GlobeTrotScott.
NASA astronaut Mike Hopkins
On December 28, 2013, Expedition 38 crew member Mike Hopkins participating in the second of two space walks to replace a degraded pump module on the International Space Station. (NASA astronaut Rick Mastracchio is reflected in his helmet!)
The Soyuz TMA-10M
The Soyuz TMA-10M headed towards the International Space Station with crew members from Expedition 37 onboard.
40 years ago the Apollo 8 mission flew up to the moon, orbited it ten times and then returned to Earth. This picture was taken from that flight and shows the Earth as it seemingly rises in similar fashion to a sunrise.
Sunrise from Expedition 36
NASA Flight Engineer Karen L. Nyberg of Expedition 36 took this photo of the sun rising -- a sight they saw nearly 16 times per day due to the speed of the International Space Station's orbit around the earth.
A pair of NanoRacks CubeSats -- nanosattelite spacecrafts carrying experiments -- were launched by Expedition 38.