A deal to form the world’s largest airline is set to be inked Monday. The merger of American Airlines and US Airways is expected to form an air travel giant larger than the current industry leader, United Airlines. The deal cleared a series of legal hurdles, including an antitrust lawsuit this fall from the Justice …
Tag Archive: Merger Mania
Judge refuses to block American-US Airways merger – Yahoo Finance
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 …
American reorganisation decision delayed by bankruptcy court – Flightglobal.com
A US bankruptcy court judge deferred making a decision on American Airlines’ reorganisation plan until at least 29 August, as the court awaits briefs on the impact of a US government challenge to the carrier’s proposed merger with US Airways.Judge Sean Lane set a deadline of 23 August for the briefs from Forth Worth-based American …
New American Airlines would keep O’Hare as hub, officials say – chicagotribune.com
AMR Corp., parent of American Airlines, and US Airways Group intend to merge and create the world’s largest airline, keeping Chicago O’Hare International Airport as a hub, airline officials said Thursday.In size, the combined airlines, to be called American Airlines, would edge out Chicago-based United Airlines, assuming the $11 billion merger is approved by regulators …