New American Airlines celebrates merger

Employees of the new American Airlines Group Inc. will celebrate the closing of the merger between AMR Corp. and US Airways on Monday by ringing the bell to open the Nasdaq market.

The merger, which survived legal challenges over the weekend, is the culmination of a process that began when Fort Worth-based AMR Corp. filed for Chapter 11 bankrtuptcy in November 2011, according to the Dallas Business Journal.

The new airline, company officials of which expect to close the merger deal later today, would be the world's largest, the journal reports.

Read more from the Dallas Business Journal.