Latest on US Airways/American merger
US Airways says it is still on track to close its merger transaction with American Airlines by the end of the year.
It dismissed fears the planned merger might not be finalised until March, following the publication of a timetable by U.S District Judge Colleen Kollar-Kotelly for settlement between the U.S. Department of Justice and the airlines, which includes a public consultation scheduled to run into February 2014 (see previous story).
US Airways spokesman Andrew Christie said: "There is nothing in the Tunney Act (officially known as the Antitrust Procedures and Penalties Act) process that precludes the merger from closing.
"As is typical in DOJ merger cases, the District Court handling the DOJ challenge to the American/US Airways merger has entered orders allowing us to close the merger," he said.
"We are free to close once we obtain Bankruptcy Court and certain other approvals.
"We expect to close the transaction in December 2013."
Lisa
Lisa joined Travel Weekly nearly 25 years ago as technology reporter and then sailed around the world for a couple of years as cruise correspondent, before becoming deputy editor. Now freelance, Lisa writes for various print and web publications, edits Corporate Traveller’s client magazine, Gateway, and works on the acclaimed Remembering Wildlife series of photography books, which raise awareness of nature’s most at-risk species and helps to fund their protection.
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