TULSA - American Airlines and US Airways have agreed to merge, according to sources of the Associated Press.
The deal would create the world's biggest airline.
The boards for both US Airways and American Airlines' parent company were said to have voted Wednesday after reaching a tentative merger agreement.
An official announcement on the merger is expected Thursday morning.
US Airways Chief Executive Officer Doug Parker will be named CEO of the new airline, Bloomberg is reporting.
If the deal does become official as expected, US Airways would leave its Tempe headquarters for Fort Worth, Texas and operate as American Airlines.
The merger is also expected to be received favorably by Tulsa workers.
"We're looking forward to it," said TWU Local 514 spokesman John Hewitt. "Because like any other employee at any other company, we want our company to be successful. And we think this merger will help the company become successful again."
TWU Local 514 union representatives negotiated for a 4.3 percent pay hike, Hewitt said.
He doesn't expect any layoffs in Tulsa due to the merger.
"They made sure when they negotiated that there would not be what we call a 'system flush.' So when the two companies combine, there will not be an automatic flush of junior employees," Hewitt said.
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