Las Vegas, NV -- (SBWIRE) -- 09/11/2013 -- AMR Corporation (OTCMKTS:AAMRQ) owns American Airlines whose proposed merger with US Airways hit a hitch when the U.S. Department of Justice sued to stop the move last month.
U.S. Department of Justice said that the deal would cut down on competition and would violate antitrust laws. Moreover, it said that it would raise the price of airfare for customers. American Airlines and US Airways said that they were willing to come to an agreement that would allow the completion of the merger but have argued about when a trial should begin.
Both the airlines submitted their filings to the federal court in which they defended the merger and stated that it would help them better compete with large airlines like Delta Air Lines and United Continental.
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