Article Abstract:
United Air Lines Inc's proposed acquisition of US Airways Inc is facing greater obstacles from federal regulators compared to airline mergers during the 1980s. The deal, which will create the biggest airline in the world, must secure the consent of the Democrat-led Justice Dept. Antitrust experts believe that the government agency think that it was not tough enough in opposing the airline mergers of the 1980s that created six large carriers and eliminated a number middle-sized ones.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
Pilots for American Airlines Inc have rejected on Sep 20, 2000 the contract offered by the company. Under the proposed one-year contract, pilots will get a 3% increase in their salaries and the carrier will drop its claim to a $45.5 million court-imposed fine for the pilot strike in Feb 1999. The contract rejection came a month after United Airlines pilots signed a tentative contract giving members 45% to 55% pay increases over four years.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
American Airlines will implement a reorganization of its operations at Chicago O'Hare and spread out slightly schedules at Dallas/Fort Worth. The changes at its hubs are designed to achieve more on time flights. The airline expects flight delays to continue for another year because new air traffic technology will only be in place by 2003. American Airlines CEO Don Carty admitted that they overschedule because of competitive pressure.
User Contributions:
Comment about this article or add new information about this topic: