The merger quickly gained approval from creditors, shareholders, and the EU before encountering this potential game changer. The filing could mean serious trouble for the airlines, especially since the U.S. government approved previous aviation tie-ups.
The U.S. Justice Department filed an anti-trust lawsuit on Tuesday morning to block the tie-up. The filing says the merger would decrease competition and increase airfares for consumers.
We’ve covered the story closely since the first whisperings of a merger and chronicled the February 14 merger announcement on our liveblog.
The ten most important moments, in what was hoped to be a seamless merger, are outlined below:
» U.S. Justice Dept Files Anti-Trust Lawsuit To Block American-US Airways Merger
» EU Clears Way for US Airways and American Air Merger, With Conditions
» American Airlines Creditors Voting in Favor of Reorganization Plan
» US Airways shareholders approve merger with American Airlines
» AA-US Air merger causes regulatory concern with reduced competition on 1,600 routes
» Leadership team of new American Airlines gets heavy US Airways stamp
» American files bankruptcy exit plan, as it closes on US Airways merger
» AA-US merger gets court approval, decision delayed on Horton’s $20 million package
» How Doug Parker beat out Tom Horton for CEO
» It’s officially official: American and US Airways merge to create world’s largest airline
The Daily Newsletter
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Photo credit: An American Airlines plane (C) is seen between two US Airways Express planes at the Ronald Reagan Washington National Airport in Arlington County, Virginia. Mike Theiler / Reuters