A U.S. Bankruptcy Court judge in Manhattan on Nov. 27
approved the deal reached with federal regulators by American Airlines parent AMR
Corp. (NYSE:AMR) and US Airways Group (NYSE:LCC), paving the way for the merger
to move forward with its $17.2 billion merger and create the world’s biggest
airline.
On Nov. 12, the Justice Department agreed to drop its antitrust challenge if the
carriers gave up some airport slots.
Read more here.
Visit my main page at TheTravelPro.us for more news, reviews, and personal observations on the world of upmarket travel.
Comments
Post a Comment
PLEASE NOTE:Comments on this website must pertain to the topic of the article and may be edited for content and/or clarity. Comments that include URLs WILL NOT BE POSTED. Please contact me directly if you wish to do a "link exchange."