Airline CEOs defend merger before Senate panel
- Photos (1)
American Airlines and AMR Corporation, Chairman, President and CEO Thomas Horton, right, accompanied by US Airways Group Chairman and CEO Douglas Parker, testifies on Capitol Hill Tuesday before a Senate subcommittee.
The CEOs of American Airlines and US Airways are reassuring a Senate panel that their merger would not lead to fewer flights or lost jobs in the lawmakers' states.
The merger would create the world's biggest airline and provide more competition for United and Delta, the CEOs said.
But consumer advocates told the Senate antitrust subcommittee Tuesday that the merger would lead to higher fares and less service to midsize cities.
Diana Moss of the American Antitrust Institute said American and US Airways want to compete with giant global airlines. "I understand that — that's where the business is going and that's where the dollars are," she said. "But we have to find a way not to sacrifice U.S. consumers on the altar of global competition."
- Share Facebook Twitter
Article sent to (required)E-mail
Article sent from (required)E-mail Name
Subject Line (article title)
Message (optional)Success - Article sent Click to close
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.Need more information about reprints? Visit our Reprints Section for more details.
Contact information ( * required )Name * Company Telephone * E-mail *
Article InformationTitle URL
Message (optional)Success - Reprint request sent Click to close