American Airlines and US Airways announced they expect to complete their merger on December 9 following Wednesday’s approval by the U.S. Bankruptcy Court for the Southern District of New York of a lawsuit settlement reached between the airlines and the U.S. Justice Department.
Last week’s decision by the U.S. Justice Department to drop its lawsuit to block the merger of AMR and US Airways Group didn’t come without conditions, but antitrust experts and analysts for the most part agree that it came as a resounding victory for the airlines. Largely left intact by the deal reached between Justice and the airlines, the merger would close in December, creating the largest carrier in the world.
Hurricane Sandy closed the major New York City metropolitan area airports and forced the cancellation of more than 20,000 flights as it swept the Northeast region of the U.S. last week, leaving widespread flooding in its wake. The Category 1 hurricane, combined with cold fronts from the north and west, also disrupted operations at airports in Boston, Philadelphia, Baltimore and Washington, D.C. Other airports nationwide and internationally felt the ripple effect of the cancellations.
For the first time in its 65-year history, the FBO at New York John F. Kennedy International Airport now has a private operator–Sheltair. The company marked the milestone with an official grand-opening ceremony at the facility yesterday afternoon.
Construction began at the end of January on a runway expansion project at Florida’s Fort Lauderdale/Hollywood International Airport with a price tag of nearly $800 million. The work will shift and lengthen Runway 9R/27L from its current 5,276 feet to 8,000 feet, giving the rapidly growing airport two parallel runways that can accommodate airline flights. The expansion is expected to increase the airport’s capacity from 84 flights per hour to more than 100.
The DOT and the Federal Aviation Administration (FAA) have granted a joint waiver request of Delta Air Lines and US Airways to allow the two carriers to swap slots at New York LaGuardia Airport and Ronald Reagan Washington National Airport.
All of the major airline airports along the U.S. eastern seaboard reopened today after Hurricane Irene forced the cancellation of nearly 12,000 flights over the weekend. The major airports in Boston and New York began to see arrivals early this morning and started allowing departures at around noon. By about 8 a.m., Washington, D.C.
The union that represents the pilots of US Airways has asked the Justice Department’s antitrust division to investigate the potential for anti-competitive effects of a proposed slot, gate and facility transaction between US Airways and Delta Air Lines at New York La Guardia and Washington Reagan National airports.
The U.S. Court of Appeals for the District of Columbia yesterday granted a petition by the Port Authority of New York and New Jersey to order a stay of the FAA’s plans to auction takeoff and landing slots at Newark Liberty International Airport and New York JFK and La Guardia Airports.
The Department of Transportation has announced it will press forward with plans to auction takeoff and landing slots at the three major New York-area airports, despite a GAO opinion that the department did not have the authority to do so. The announcement drew condemnation from the Air Transport Association, which called the idea ill-conceived and predicted that it would result in a costly legal battle.
- Page 1