American Airlines-US Airways merger is on as carriers reach a settlement with the DOJ

The world is buzzing with the news that the US Department of Justice (DOJ) has reached a settlement with American Airlines and US Airways to enable the two airlines to merge. Stocks in American Airlines soared on the news. The settlement requires the airlines to sell facilities at seven airports in order to allow low-cost airlines to increase their presence. American and US Airways will sell 104 slots at Washington’s Reagan National, 34 slots at New York’s LaGuardia, and rights to gates at Boston’s Logan, Chicago’s O’Hare, Dallas’ Love Field, Los Angeles and Miami airports. “This agreement has the potential