» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 128 | NO. 120 | Thursday, June 20, 2013

GAO Says Airline Merger Would Reduce Competition

DAVID KOENIG | AP Business Writer

Print | Front Page | Email this story | Comments ()

DALLAS (AP) — A government analyst says the merger of American Airlines and US Airways would reduce competition on more than 1,600 routes traveled by more than 53 million passengers.

A researcher for the Government Accountability Office said Wednesday that the loss of competition would be greater than occurred in the 2010 merger of United and Continental airlines.

American and US Airways executives have defended their combination, noting that they overlap on only 12 nonstop routes. But the GAO also considers connecting routes — those with at least one stop.

GAO researcher Gerald Dillingham says that competition would decline with the American-US Airways merger because there would be one less airline flying those connecting routes.

The Department of Justice is still studying the merger.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 87 87 14,804
MORTGAGES 80 80 19,410
FORECLOSURE NOTICES 22 22 3,817
BUILDING PERMITS 142 142 35,472
BANKRUPTCIES 62 62 14,096
BUSINESS LICENSES 62 62 5,053
UTILITY CONNECTIONS 99 99 21,532
MARRIAGE LICENSES 37 37 4,594

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.