Abbott Settles Texas Challenge To Airline Merger
GRAPEVINE (AP) – The Texas attorney general says the state has reached a settlement in its challenge to the proposed merger of American Airlines and US Airways.
Attorney General Greg Abbott had led Texas into the lawsuit with the U.S. Justice Department and five other states in August. He cited expectations that consolidation would lead to higher fares and fees.
At a news conference Tuesday at Dallas-Fort Worth International Airport, however, Abbott said the carriers have agreed to maintain present levels of service in Texas and to keep the Texas headquarters.
Fort Worth, Texas-based American Airlines is a major employer in the state, and Abbott is seeking the Republican nomination for governor.
The Justice Department’s antitrust trial over the merger is still scheduled for Nov. 25.
this is a developing story – updates soon.
(©2013 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)
- NFL Commissioner Deposition Shown At Super Bowl Seating Trial
- Ice Strands DART Rail Passengers For Hours
- Winter Weather Putting A Chill On Texas Food Truck Profits
- Road Conditions Quickly Deteriorate As Storm Hits Denton County
- Delayed Decision To Close UTA Angers Students
- Climber Falls To Her Death In Grapevine
- Tricks To Using The New iPhone Software
- Enter The “Show Your Spirit’ Sweepstakes
- Ben & Skin Parody: Rangers Won’t Die
- Johnny Manziel’s Popularity Plummets
- PHOTOS: Your Pet Pictures