As American Airlines flies into its first year after merging with US Airways, fares are up, fuel costs are down, and the company is beating Wall Street’s profit predictions.
American Airlines and US Airways want to know why the federal government allowed previous airline mergers but seeks to block theirs.
American Airlines says its passenger traffic and a key revenue figure rose in August compared with last summer.
The U.S. government wants to wait until March for a trial on its lawsuit aimed at blocking the merger of American Airlines and US Airways.
The Justice Department and a number of state attorneys general on Tuesday challenged a proposed $11 billion merger between US Airways Group Inc. and American Airlines’ parent company, AMR Corp.
American Airlines and US Airways are facing a lawsuit over their planned merger. It claims that the merger will bring higher fares, fewer flights, and the firing of thousands of employees.
Southwest Airlines is making a 180-degree turn and raising fares on many routes by up to $10 per round trip.