US Airways, the United States' largest low cost hub and spoke airline, announced that it was dropping its $9.8 billion bid for Delta Air Lines. The airline dropped the bid after Delta's creditors threw their support behind the airline's plan to emerge from bankruptcy on its own.
//phx.corporate-ir.net/phoenix.zhtml?c=196799p=irol-newsArticleID=956418highlight= (US Airways Press Release)
//news.bbc.co.uk/2/hi/business/6318357.stm (BBC)
//www.bloomberg.com/apps/news?pid=20601087sid=aTbDXjlE1qqwrefer=home (Bloomberg)
