A judge refused to block a merger between American Airlines and US Airways on Friday, saying a bankruptcy judge correctly rejected arguments made by a lawyer for some consumers. San Francisco attorney Joseph Alioto argued that the deal would harm fliers because it would result in less competition and higher prices. But U.S. District Judge …
SYDNEY, Dec 6 Reuters – Australia’s prime minister TonyAbbott spurned a plea for help from Qantas Airways Ltd on Friday, saying subsidising the embattled airline would be “a bottomless pit” as its credit rating was relegated to junk status.The downgrade by Standard & Poor’s followed a shock loss warning from the carrier on Thursday that …
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