The U.S. settlement allowing the merger of American Airlines parent AMR Corp. and US Airways Group Inc. to go through will open the door to more low-cost carriers at Washington’s Ronald Reagan National Airport.
UK Trade & Investment , the government’s trade promotion agency, has hired Michael Boyd from Ernst & Young to head a new strategic relations unit, Sky News reported , without saying where it got the information. UKTI declined to comment, Sky said.
As U.S. regulators spent the better part of six months preparing to sue to stop the American Airlines-US Airways Group Inc. merger, the carriers devised a plan to allay some antitrust concerns: an offer to cede flight slots at Washington’s Reagan National Airport.
Airlines are stepping up competition for full-fare passengers between New York and Los Angeles, with lie-flat seats, pricey French wines and personal valets to whisk travelers from curb to gate without wasting time in lines.
Southwest Airlines Co. flies more passengers in the U.S. than any other carrier and serves 29 of the 30 largest metropolitan areas. To federal regulators, that’s not enough to be considered an influential industry competitor.
American Airlines’ chances of leaving bankruptcy as a strong competitor with its biggest peers were left in jeopardy yesterday when the U.S. Justice Department sued to block a merger with US Airways Group Inc.
Anger mounted among passengers stranded on airport tarmacs and in terminals as flight delays threatened to stretch into the weekend following the worst December snowstorm to hit New York City in six decades.