NY judge refuses to block American Airlines merger

Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 12/06/2013 8:21 pm

NEW YORK (AP) — A New York judge has refused to block a merger between American Airlines and US Airways, saying a bankruptcy judge was right to reject the arguments made by a lawyer for some consumers.

U.S. District Judge Loretta Preska ruled Friday that U.S. Bankruptcy Judge Sean Lane was "correct in all respects" in deciding last week to let the merger proceed. She rejected arguments of imminent harm to consumers put forth by San Francisco attorney Joseph Alioto. She also refused to stay the effect of her ruling while Alioto appeals.

American is owned by AMR Corp. and is based in Fort Worth, Texas. It says it plans to complete the merger with Tempe, Ariz.-based US Airways Group Inc. on Monday. The merger means American, United, Delta and Southwest will control more than 80 percent of the U.S. market.

 

©2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Share
0 Comment(s)
Comments: Show | Hide

Here are the most recent story comments.View All

No comments yet!
NEWSCASTS ON DEMAND

What's On

All content © Copyright 2013 Intermountain West Communications Company. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.
You may also view our Sitemap

Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.