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Old 01-19-2008 | 12:14 PM
  #31  
WEACLRS
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Joined: Jan 2006
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From: 737/FO
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Originally Posted by fireman0174
From the Washington Post website:

"The US Airways-United Airlines $12.3 billion merger plan collapsed on July 27, 2001, after the Department of Justice said it would sue to stop the deal."

I would consider that the U.S. Government did in fact stop a potential merger.

http://www.washingtonpost.com/wp-dyn...air/index.html
In fact (I'm not sure about this), has there ever been a merger allowed between two top six major airlines when both were making money? The only big airline mergers I can think of have occurred when the one being acquired was deep in chapter 11 and about to go out of business (TWA, Pan Am, Eastern, USAir, etc.).

Here is a good review of what congress was thinking and doing just seven short years ago the last time the industry was "healthy" right before 9/11. It wouldn't surprise me to see some of this legislation dusted off and reconsidered.

http://democrats.senate.gov/~dpc/pubs/107-1-143.html

Last edited by WEACLRS; 01-19-2008 at 12:30 PM.
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