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>> AMERICAN AIRLINES Latest News

AUG 16, 2013 - TheStreet

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The Deal: Gauging the Benefits of Airline Mergers

NEW YORK (TheStreet) -- Officials at US Airways and American Airlines parent AMR Corp. (AAMRQ) say they are eager to take on the Department of Justice after the antitrust agency announced Aug. 13 it would try to block the carriers' planned $11 billion merger. The outcome of the case will likely depend on how Judge Colleen Kollar-Kotelly of the U.S. District Court in Washington views the airlines' claim that the stronger route network and improved financial health the merger would give them will translate into benefits for consumers. A big problem for the airlines is that the federal ... Read More

Tags: The Deal: Gauging the Benefits of Airline Mergers,  American Airlines Latest News