On Aug. 5, the Antitrust Division of the U.S. Department of Justice surprised some industry observers when it filed suit to challenge the merger of US Airways and American Airlines. On Tuesday, the DOJ reached a preliminary agreement to settle the suit through divestiture of gates and slots at seven airports across the country. When American and US Airways announced the merger, many thought (including the merging parties) that this was the last piece of the legacy airline consolidation story after the Continental-United (2010) and Delta-Northwest (2008) mergers.
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