AMR and US Airways indicate new deadlines on their eventual decision on the merger as the lawsuit had affected the businesses.
Tags: American Airlines
American’s Flight Attendants Celebrate Settlement Announcement
The Association of Professional Flight Attendants, representing 16,000 flight attendants at American Airlines, cheered the announcement today that the Justice Department has accepted a settlement in its antitrust suit against American Airlines and US Airways.
Divest flight slots at Reagan National - Southwest, JetBlue to AMR-US Air
Southwest Airlines and JetBlue Airways articulated its interest in acquiring AMR-US Airway flight slots in Washington.
US Attorney general confirms settlement talks with US Airways and American Airlines on merger
US Attorney General Eric Holder said his comments that confirmed talks of a settlement between American Airlines and the US Airways regarding the airline's planned merger.
American Airlines, US Airways Group need to divest to get merger approval- source
US antitrust regulators would like American Airlines and the US Airways Group to agree to concessions before giving their stamp of approval for the merger.
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American Airlines and US Airways Group Inc. had came to an agreement that the USD14 billion merger should be completed before the new deadline, which is on January 18 next year.
The unions working for AMR Corp, the parent of American Airlines, and US Airways conducted a forwarded their displeasure on the suit filed by the antitrust division of the Justice Department.
US Bankruptcy Judge Sean Lane approved American Airlines' petition to exit bankruptcy today at a court hearing held in Manhattan.
Because of the uncertainty as to the result of the case filed in court, the deadline of the merger between the two airlines was sought to be extended.
Michigan had joined six other states in a lawsuit to block the proposed merger of US Airways and American Airways to create the world's largest airline company.
T. Rowe Price banned some American Airline employees from trading the funds in their 401k plans because of collective trading.
A US judge had granted the request of American Airlines and US Airways for an earlier trial against the US Justice Department that intends to block the two companies' planned USD11 billion deal.
US District Judge Colleen Kollar-Kotelly said she wanted the trial against American Airlines and US Airways to be held before the US Justice Department's proposed March 3 date.
A document released on Wednesday discussed that the US Justice Department was open to settle the antitrust lawsuit it filed against US Airways(UA) and American Airlines (AA).
