US Airways, American full of news today

US Airways has been in the news for several reasons over the last couple of days. Among the developments, sources say it's talking about merger plans with American Airlines' creditors, American parent AMR says it expects to use its Chapter 11 bankrupty status to abrogatre labor contracts where it can't reach agreements with unions, and US Airways CEO Doug Parker expressed confidence about the airline doing well this year depspite rising fuel costs.