U.S. District Judge Colleen Kollar-Kotelly in Washington on Friday approved a settlement between the U.S. Department of Justice and American Airlines and US Airways that will allow the airlines to proceed with their $11 billion merger.
April 25, 2014 at 07:18 PM
1 minute read
The original version of this story was published on Legal Times
A federal judge in Washington on Friday approved a settlement between the U.S. Department of Justice and American Airlines and US Airways that will allow the airlines to proceed with their $11 billion merger.
The agreement will require the companies to give up takeoff and landing slots and gates at several major airports. The slots would be sold to low-cost carriers approved by the government.
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