[Travelandtourism] update AA-US Airways Merger
cheryl echevarria
cherylandmaxx at hotmail.com
Fri Aug 30 15:49:38 UTC 2013
exactly, I will keep everyone posted.
Remember everyone, this is not just a division on traveling for recreation, it is all travel.
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> From: atlanticstar1 at gmail.com
> To: travelandtourism at nfbnet.org
> Date: Fri, 30 Aug 2013 11:47:26 -0400
> Subject: Re: [Travelandtourism] update AA-US Airways Merger
>
> Cheryl:
>
> Looks like serious negotiations are underway between AA/US and the DOJ on
> resolving there objections to the merger. If AA/US comes up with a plan to
> reduce slots at Washington's National Airport then this merger does have a
> chance to happen. Guess we will see what the DOJ is willing to give back to
> AA/US in return.
>
> Reese
>
> ----- Original Message ----- AA-US AIRWAYS MERGER: DOJ OPEN TO SETTLING ITS
> LAWSUITby Michèle McDonaldAugust 30, 2013
>
> The Department of Justice (DOJ) indicated for the first time that it might
> be open to settling its antitrust lawsuit against the proposed American
> Airlines and US Airways merger.
> In a joint statement to the court by the DOJ and the airlines, DOJ said the
> “plaintiffs are open to a settlement that addresses the competitive harms
> posed by the merger but have not yet received any such proposal from the
> defendants.”
> It was a narrow sliver of light – possibly just a show of good faith by the
> DOJ – but it opened the door. The lawsuit and earlier statements by DOJ
> officials seemed to leave little room for consideration of a settlement and
> some observers said the department had painted itself into a corner.
> Wiggle roomThe most likely area for wiggle room is the issue of slots at
> Washington National Airport, where the combined carrier would hold 69% of
> the slots and would have a monopoly on 63% of the nonstop routes served out
> of the airport, according to the lawsuit.
>
>
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