AMR (AMR ), the parent of American Airlines has just declared bankrupcy. There is increasing talk that US Airways (LCC ) may seek to merge with AMR.
A merger will reduce cost for both AMR and US Airways.
AMR used to be the largest airline, but fell to the third place after United (UAL) merged with Continental and Delta (DAL) merged with Northwest.
bankrupcy of AMR, in due course may present investment opportunities in other airlines.
If and when six screens of the ZYX Change Method are satisfied, we will issue a buy signal on the Real Time Feed of the ZYX Buy Change Alert.