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SkyMedia of Phoenix launched its advertising on airline passenger-tray tables in December 2003 on America West aircraft. Last week, a federal judge approved US Airways' Chapter 11 reorganization plan, clearing the way for its $1.5 billion merger with America West (NYSE: AWA). The merger could take place as soon as Tuesday. The consolidated company will take the US Airways (OTCBB: UAIRQ) name and be headed by America West Chief Executive Doug Parker. US Airways CEO Bruce Lakefield will be vice chairman following the merger. The combined airline, which expects to generate annual revenue of $10 billion, will be based in Tempe, Ariz., home of America West. US Airways, which is based in Arlington, Va., is the dominant carrier at Philadelphia International Airport. |
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