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Deal to create world's largest airline taking shape

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    American Airlines-US Airways merger near

  • Duration 2:29
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-- -- -- stories you can bank on this morning airlines already waiving fees issuing waivers for travelers ads that northeast -- area.

-- -- braces for that blizzard plus a major airline merger in the works.

And joining us with more.

-- Fox Business network's Lawrence cement -- there -- airlines planning ahead for this epic storm that chance was talking about yes and you can be getting some money back if -- flying tomorrow especially but there's also a deal to create the world's biggest airline and that can be just weeks away.

The Washington journal says bankrupt American Airlines and US Airways are hashing out the final details of a merger that would value a combined carrier.

At more than ten million dollars and vaulted ahead recently merged United Continental.

The deal has been supported by Americans bondholders and its pilots mechanics and flight attendants unions but of course kinks remain.

If they are ironed out of the deal would need bankruptcy court approval.

And also have to pass antitrust regulators' concerns with all of this happens we could have just four.

Major US carriers remaining Americans United Continental delta and southwest.

This raises a lot of pricing concerns but it could actually be a good ending for the smaller airlines out there with less competition from the major -- and US Airways said that -- -- could it save one point two billion in additional revenue and some costing via a lot of cost savings -- -- all of this could be wrapped up by that where fifteen right Perry says it's.

Speaking of cost cutting measures -- -- 101000 dollar.

Bachelor degree yeah I am with its sound amazing it's a challenge for sure -- -- -- governors are pushing the idea of making college affordable.

It's popular among students obviously and families who are frustrating with the ever rising tuition costs that just aren't guaranteeing jobs upon graduation.

If you look at the past quarter century college tuition has increased more than 400%.

While student loan debt tops a trillion.

Color is.

-- students are gonna have to meet certain criteria enter -- niece 101000 dollar.

Degrees but so far we have governors in Florida Texas Wisconsin in certain lawmakers in California embracing the challenge.

Of that for years state university education for.

Honestly the bargain price of 101000 dollars so it would be nice to see more states come on board and that is a bargain because average cost right now for four year tuition is 33000 dollars a big difference yet and -- you be hard pressed to find schools that that -- yelling any more than that are right I think he's got a lot we appreciate it -- Lawrence amenity is always it's.

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