   The combined airline will have 6,700 daily flights and annual
revenue of roughly $40 billion. The new American Airlines will
fly slightly more passengers than United, the current No. 1. It
will be run by Doug Parker, the CEO of US Airways Group, who
began pursuing a merger shortly after American filed for
bankruptcy protection in November 2011.   The judge declined to
approve a proposed $20 million severance package for outgoing
American CEO Tom Horton. The U.S. trustee had objected to the
package and, while he didn't question the amount, Lane agreed
that the timing of it seemed to violate prohibitions in the
bankruptcy law.      Jack Butler, a lawyer with Skadden, Arps,
Slate, Meagher & Flom, said he expects Horton to eventually get
his payout. Butler's firm represents American's creditors, who
backed the merger and the payout for Horton.