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Fitch Ratings

A US Airways tail rest on the tarmac near an American Airlines plane at Ronald Reagan Washington National Airport in Arlington, Virginia on April 23, 2012.   (Photo by: Jim Watson/AFP/Getty Images)

Boards Of US Airways, American Airlines OK Megamerger

The long-awaited merger between American Airlines and US Airways Group has finally been approved by the boards of the two air carriers. The $11 billion all-stock merger deal creates the world’s largest air carrier.

CBS4–02/14/2013

Money Generic

Moody’s & Fitch Downgrade Miami

Despite public pronouncements from local officials that the city of Miami is stable, two major bond ratings services have downgraded the city’s ratings which will continue to make investors leery about investing in the city, and could cost the city millions.

CBS4–06/28/2011

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