AA-US Air reassures Senate on merger

Victoria
By Victoria March 20, 2013 10:41

AA-US Air reassures Senate on merger

Both Doug Parker, CEO of US Airways, and Tom Horton, CEO of American Airlines parent AMR Corp., spoke before the Senate Judiciary Committee Subcommittee on Antitrust, Competition Policy, and Consumer Rights to reassure senators that the merger between the two airlines would not lead to fewer flights or lost jobs.
The merger would create the world’s biggest airline and provide more competition for United and Delta, the CEOs said. However concerns were raised by the American Antitrust Institute that the merger would be detrimental to US consumers.
Since mergers between Delta and Northwest, United and Continental, and Southwest and AirTran, have been approved, the American-US Airways is broadly expected to go through.

Victoria
By Victoria March 20, 2013 10:41
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Fairline%2Faa-us-air-reassures-senate-on-merger%2F"> registered </a> users can comment.