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Despite stalled growth in China, Brazil and Russia, a wave of newly middle-class travelers from the BRICs and beyond will start visiting international destinations in the coming decades — dwarfing the numbers we’ve seen thus far.
All of the speculation about the weeks leading up to the government’s announcement of its lawsuit won’t be put to rest just yet. This is a fascinating first look at what went on behind the scenes at American when it first heard the news.
[American Airlines general counsel Gary] Kennedy, speaking Tuesday for the first time since the government’s suit, said American Airlines has no Plan B and will vigorously fight the antitrust lawsuit. Kennedy does not think a settlement is likely…
“I was totally surprised and disappointed with the Texas AG,” he said. “We are a Texas-based company and the new, merged company will be stronger and more influential and still based right here in Texas. I do not understand his position on this at all.”