American Airlines said on Wednesday it plans to add nonstop flights to Hong Kong and Shanghai from Dallas/Fort Worth International Airport next year to expand its global reach.AMR Corp's American, which hopes to exit bankruptcy protection by merging with US Airways Group and forming the world's biggest carrier, said it would operate Boeing 777 planes on the flights to the Chinese cities. The service is expected to begin next summer, pending regulatory clearance.The Justice Department filed a lawsuit in August challenging American's proposed merger with US Airways, saying it would lead to higher ticket prices and hurt competition. A federal trial in the case is set to begin on Nov. 25.Dallas/Fort Worth is the biggest of American's five major U.S. hubs. Hong Kong is a new destination for the carrier. American currently flies to Shanghai from its Chicago and Los Angeles hubs.
US Airways Group, Inc. operates and owns passenger and freight airline carrier. Shares of LCC traded higher by 0.66% or $0.135/share to $20.64. In the past year, the shares have traded as low as $11.25 and as high as $20.83. On average, 6837940 shares of LCC exchange hands on a given day and today's volume is recorded at 2355046.
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