AA and LCC settled suit
#3
#4
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#5
"Under the terms of the settlement, the airlines will divest 52 slot pairs at Washington Reagan National Airport (DCA) and 17 slot pairs at New York LaGuardia Airport (LGA), as well as certain gates and related facilities to support service at those airports.[i] The airlines also will divest two gates and related support facilities at each of Boston Logan International Airport, Chicago O'Hare International Airport, Dallas Love Field, Los Angeles International Airport, and Miami International Airport. The divestitures will occur through a DOJ approved process following the completion of the merger. Despite the divestitures, the new American is still expected to generate more than $1 billion in annual net synergies beginning in 2015, as was estimated when the merger was announced in February."
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CNN is saying they're giving up 104 DCA slots and they're selling to LCCs only. That's pretty significant if its true.
US Airways and American Airlines reach deal with Justice to allow merger - Nov. 12, 2013
US Airways and American Airlines reach deal with Justice to allow merger - Nov. 12, 2013
#7
CNN is saying they're giving up 104 DCA slots and they're selling to LCCs only. That's pretty significant if its true.
US Airways and American Airlines reach deal with Justice to allow merger - Nov. 12, 2013
US Airways and American Airlines reach deal with Justice to allow merger - Nov. 12, 2013
"Under the terms of the settlement, the airlines will divest 52 slot pairs at Washington Reagan National Airport (DCA) and 17 slot pairs at New York LaGuardia Airport (LGA), as well as certain gates and related facilities to support service at those airports. "
AMR Corporation and US Airways Announce Settlement with U.S. Department of Justice and State AGs | New American Arriving
#8
The settlement wil result in the new American operating 44 fewer DCA daily departures than the 290 that American and US Airways currently operate. At LGA, 12 fewer daily departures than the approximately 175 collectively operated today.
Included are eight DCA slot pairs that American currently leases to JetBlue and five LGA slot pairs that American leases to Southwest.
Included are eight DCA slot pairs that American currently leases to JetBlue and five LGA slot pairs that American leases to Southwest.
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The settlement wil result in the new American operating 44 fewer DCA daily departures than the 290 that American and US Airways currently operate. At LGA, 12 fewer daily departures than the approximately 175 collectively operated today.
Included are eight DCA slot pairs that American currently leases to JetBlue and five LGA slot pairs that American leases to Southwest.
Included are eight DCA slot pairs that American currently leases to JetBlue and five LGA slot pairs that American leases to Southwest.
#10
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I'm not an investor, I trade the momentum during the day.
AAMRQ will probably get flushed and they'll come up with a new stock ticker, but AAMRQ holders will get new shares. (Not sure but I think that's how they do it).