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U.S. Airways Proposes
By Tim Beyers (TMF Mile High)
November 16, 2006

Here we go again. Less than two months after the rumor mill had UAL's (Nasdaq: UAUA) United and Continental (NYSE: CAL) locking hands, U.S. Airways (NYSE: LCC) wants to marry Delta Air Lines, and it's willing to pay $8 billion for the wedding.

But would this be a happy couple? Investors seem to think so. U.S. Airways shares soared to the heavens on yesterday's news, up almost 17% for the day. Meanwhile, rivals basked in the reflected glory. UAL shares were up 9%. AMR (NYSE: AMR), parent of American Airlines, saw its stock climb 5%. Even Motley Fool Stock Advisor recommendation JetBlue (Nasdaq: JBLU), which would have little to gain from a U.S. Airways-Delta combination, saw its stock fly 7% higher........
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