Airborne 02.15.13: $11B Aero-Merger, Patrouille Suisse Cut, More Sequestration $ | Aero-News Network
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** Airborne 10.31.14 ** HD iPad-Friendly -- Airborne 10.31.14 **
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Mon, Feb 18, 2013

Airborne 02.15.13: $11B Aero-Merger, Patrouille Suisse Cut, More Sequestration $

Also: Super Cub SAIB, Iranian Fighter Fraud, Orion Chute-Out, Garmin Radar Altimeter, Lightspeed FlightLink

AMR Corporation, the parent company of American Airlines, Inc., and US Airways Group, today announced that the boards of directors of both companies have unanimously approved a definitive merger agreement under which the companies will combine to create the world's largest airline, with an implied combined equity value of approximately $11 billion based on the price of US Airways' stock as of February 13, 2013.

Imagine how you’d feel if the Federal Government disbanded the Blue Angels or the Thunderbirds. Well perhaps you can appreciate the outrage sweeping through Switzerland with news that their beloved Patrouille Suisse will be grounded after 2016. We’ve already heard from the Navy that sequestration – if it happens, could cut the second half of the 2013 Blue Angels show schedule, now The Air Force says that among the items on the sequestration chopping block is participation in the Paris Air Show. All this... and MORE in today's episode of Airborne!!!
 
Airborne 02.15.13 is chock full of info about the half-week period ending Friday, February 15th, 2013... Presented by Aero-TV veteran videographer and Airborne Host Ashley Hale, and supported by ANN CEO/Editor-In-Chief Jim Campbell, Chief Videographer Nathan Cremisino, and Aero-Journalists Tom Patton, and Glen Moyer, this episode covers:

  • AA/USAir Merger Underway
  • Swiss Patrouille Are Cut From Air Force
  • Sequestration May Keep USAF Away From Paris Air Show
  • Garmin Delivers High-Performance, All-Digital Radar Altimeter 
  • FAA Issues SAIB For Super Cub Airplanes
  • NASA'S Orion Lands Safely On Two Of Three Parachutes In Test
  • FAA Issues SAIB For Continental Engines
  • FlightLink From Lightspeed Aviation Evolves
  • Barnstorming: Aero-Teamwork
  • Iranian News Agency Fakes Pictures Of New Fighter In Flight

Get Comprehensive, Real-Time, 24/7 coverage of the latest aviation and aerospace stories anytime, at aero-news.net. And be sure to join us again next week for the next edition of "Airborne" here on Aero-TV. Thanks for watching. See you, again, in just a few days!

© 2013, Aero-News Network, Inc., ALL Rights Reserved.

FMI: www.aero-news.net, www.aero-tv.net, www.youtube.com/aerotvnetwork, http://twitter.com/AeroNews, The Full ANN/YouTube AIRBORNE Roster -- www.youtube.com/playlist?list=PL42E90078D99B1053&feature=view_all

 


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