Southwest Airlines Co. and JetBlue Airways Corp. told regulators they’re interested in acquiring Washington flight slots that may be available under a settlement of the U.S. lawsuit to block the American Airlines-US Airways Group Inc. merger, people familiar with the matter said.
American Airlines Chief Executive Officer Tom Horton said “there’s a way” to reach a settlement with U.S. antitrust regulators seeking to block the merger of the AMR Corp. unit with US Airways Group Inc.
American Airlines and US Airways Group Inc. are in exploratory talks with the U.S. about settling the government’s lawsuit seeking to block their proposed merger, two people familiar with the matter said.
The U.S. lawsuit seeking to block the proposed merger of AMR Corp. and US Airways Group Inc. will proceed as scheduled, an airline lawyer said, even after the Justice Department sought to suspend the case because of the government shutdown.
Traders are wagering that a lengthy antitrust review won’t stop Applied Materials Inc. from completing a $9.39 billion deal to help the world’s No. 1 supplier of chipmaking equipment boost its market share.
The U.S. lawsuit seeking to block the proposed merger of AMR Corp. and US Airways Group Inc. will proceed as scheduled after a judge denied a Justice Department request to suspend the case because of the government shutdown.