The flirtatious airlines have moved beyond their Ross-and-Rachel phase and appear to have entered the Chandler-and-Monica era, after Joey found out they were hooking up but during the time when they were trying to keep it secret from the rest of the gang.
The Wall Street Journal delivers a more sober account of today’s news:
More than a month after American Airlines parentÂ AMR Corp. sent a nondisclosure agreement to suitorÂ US Airways Group Inc., the two companies said Friday that the deal has been signed, clearing the way for the pair to share confidential information so they can evaluate a potential combination.
The companies said they will “work in good faith” and in “close collaboration” with AMR’s creditors. They said they won’t make further comment “until the parties have entered into a transaction or discussions between the parties have been terminated.”
The two airline companies also said they agreed that they and their representatives won’t engage in discussions with other parties concerning the potential combination, and warned there is no assurance a transaction will result.