Airline Mergers: Issues Raised by the Proposed Merger of American Ailines and US Airways: Congressional Testimony

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By Gerald L. Dillingham (au)
Year: 2013
Pages: 31
Binding Paperback
ISBN 978-1-4578-4708-0

Product Code: 1457847086

Description

Statement of Gerald L. Dillingham, Ph.D., Dir., Physical Infrastructure Issues, GAO. In Feb. 2013, American and US Airways announced plans to merge the two airlines and entered into a merger agreement. Valued at $11 billion, the merged airline would retain the American name and be headquartered in Dallas-Fort Worth. This latest merger, if not challenged by the Dept. of Justice (DOJ), would surpass prior airline mergers in scope to create the largest passenger airline in the U.S. It will be examined by DOJ to determine if its potential benefits for consumers outweigh the potential negative effects. This testimony focuses on (1) the role of federal authorities in reviewing merger proposals, (2) key factors motivating airline mergers in recent years, and (3) the implications of merging American and US Airways. Table and figures. This is a print on demand report.

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