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Judge refuses to block American-US Airways merger – Yahoo Finance

N9008U_A319-112SL_KCLE_03Nov13-StephenMosleySr

One of American Airlines’ brand new sharklet equipped A319’s departs Cleveland Hopkins in November. Photo: Stephen Mosley Sr. – OPShots Contributor //

A judge refused to block a merger between American Airlines and US Airways on Friday, saying a bankruptcy judge correctly rejected arguments made by a lawyer for some consumers.

San Francisco attorney Joseph Alioto argued that the deal would harm fliers because it would result in less competition and higher prices. But U.S. District Judge Loretta Preska repeatedly noted that his arguments relied on outdated facts, had no evidence to support them and sometimes made no sense.

“There is nothing in the record from which I can make a finding that your clients are likely to be irreparably injured — personally,” she said.

via Judge refuses to block American-US Airways merger – Yahoo Finance.

About the author

Chuck Slusarczyk Jr.

I started OPShots in June 2006 as a place to share and display aviation photos without the often restrictive policies of other aviation websites. I want to share my love of aviation with fellow aviation geeks and provide a spotlight on Cleveland Hopkins International airport in the process.

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