Topic: America West Holdings Corporation
Cheap airfares have disappeared as the airline industry has consolidated. The Justice Department is trying to prevent higher airfares by blocking the consolidation of American and US Airways. But that won't bring back cheap airfares.
Leaders of the deal between American Airlines and US Airways decided early on that they would only proceed as long as they had the backing of American employees. The two sides believe they would receive regulatory backing for a merger. The new company is to be called American Airlines and based out of Fort Worth, Texas.
Continental Airlines and UAL shareholders approved the deal, which will create the world's biggest airline
09/17/2010 07:23 pm
The $3 billion airline merger of UAL and Continental would create the world's largest airline.
09/17/2010 01:19 pm
Even if an agreement is reached, some say that consolidation will lead only to more crowded planes and higher prices.
03/04/2008 12:00 am