One of American Airlines’ brand new sharklet equipped A319’s departs Cleveland Hopkins in November. Photo: Stephen Mosley Sr. – OPShots Contributor //
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 But U.S. District Judge Loretta Preska repeatedly noted that his arguments relied on outdated facts, had no evidence to support them and sometimes made no sense.
“There is nothing in the record from which I can make a finding that your clients are likely to be irreparably injured — personally,” she said.
via Judge refuses to block American-US Airways merger – Yahoo Finance.
