June 13, 2012
US Airways Wants to Secure Antitrust Approval for Proposed AMR Merger
Reuters reports that US Airways would like to initiate the regulatory review process for its proposed merger with American Airlines this summer. According to the article, US Airways hopes to, with American's consent, file paperwork with antitrust regulators as early as next month. It seems unlikely that American management, which still holds out hope of emerging from bankruptcy without merging, will be willing to work with US Airways on a regulatory filing so soon. Reading between the lines of the article, US Airways appears willing to push back its time frame if necessary to secure cooperation from American.
June 13, 2012 | Permalink
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