WASHINGTON — After months of negotiation, American Airlines and U.S. Airways have been approved to merge by the European Union. Reuters reports that the $11 billion merger will take place after the airlines promised to surrender slots at London’s Heathrow airport and at Philadelphia. The EU investigated the merger to prevent a monopoly, but this […]
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WASHINGTON — U.S. Airways and American Airlines are in the stages of merging their airlines, but the European Union (EU) is objecting to some of the terms to their merger. Reuters reports that the merging airlines are offering an olive branch to blunt the effects of a European investigation. The EU is investigating the merger […]
Continue Reading8/7/2013 - Europeans approve Airline Merger of American, US Airways
7/21/2013 - Airlines offer Olive Branch to Europeans to appease Merger Deal