Las Vegas, NV -- (SBWIRE) -- 09/03/2013 -- AMR Corporation (OTCMKTS:AAMRQ) and US Airways merger blocking lawsuit by the government will commence on 25th November, 2013. It was reported by A federal judge.
The U.S. Justice Department wanted the trial to begin in March. It said that it needed more time to prepare for the complex case. US Airways and American Airlines said that such a long delay would threaten their merger.
AMR Corporation’s wholly owned subsidiary American Airlines and US Airways were close to completing a merger that would have created the world's biggest airline but the Justice Department and six states together sued this month to block the deal. According to them, it would reduce competition and eventually lead to higher prices for travelers. They also said that the combined American-US Airways would be too dominant at Reagan National Airport outside Washington and on many routes throughout the country.
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