Archives



Freight News, Air, Logistics, Business


Blow to AA-USAir merger

[ August 14, 2013   //   ]

The US Justice Department and the attorneys general of six states and the District of Columbia, have taken the airline world by surprise in filing a lawsuit seeking to block the proposed merger of American Airlines and US Airways. According to US press reports, both carriers had earlier said that they expected the deal would go through smoothly.

However, the Justice Department said the merger – which would create the world’s biggest airline – would substantially reduce competition.

 

Tags: ,