American Airlines Was Shocked by Merger Lawsuit and Home State’s Opposition
American Airlines was unprepared for the antitrust lawsuit that halted its merger with US Airways this month. Matt Rourke / Associated Press
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.
Excerpt from Dallas Morning 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.”