A strong cold front will move through Southern Colorado on Tuesday. It will bring much colder temperatures (especially in the afternoon), strong wind, & a few rain and snow showers. Light accumulations and poor visibility possible for a time by late afternoon and evening north of Colorado Springs and south/southwest of Pueblo. Bottomline, your Tuesday will feel a lot different than the past two days. Be prepared...
The $11 billion merger of American Airlines and US Airways won bankruptcy court approval Wednesday.
The widely-expected decision by Judge Sean H. Lane helps clear the way for the two carriers form the world's biggest airline, with 6,700 daily flights and annual revenue of roughly $40 billion.
The merger, first announced on Feb. 14, still needs approval from antitrust regulators and US Airways shareholders. It is expected to close by the fall.
"The merger is an excellent result. I don't think anybody disputes that," Lane said during a court hearing. American has been in bankruptcy protection since November 2011.
Lane decided not to approve a $20 million severance package for outgoing American CEO Tom Horton. He plans to issue a written decision at a later date detailing his reasoning.
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