American Airlines Group will appeal a U.S. court decision requiring it to end an alliance with JetBlue Airways Corp , American CEO Robert Isom said on Wednesday.
on May 19 that the airlines' "Northeast Alliance" broke antitrust law and ordered the companies to dissolve the arrangement within 30 days.
"These two powerful carriers act as one entity in the northeast, allocating markets between them and replacing full-throated competition with broad cooperation," Sorokin wrote in his ruling, a rare court victory for President Joe Biden's administration and its hard line against corporate consolidation.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
American Airlines will challenge ruling that blocked JetBlue allianceAmerican Airlines Group Inc. plans to appeal a federal judge’s ruling that its operating alliance with JetBlue Airways Corp. violates antitrust laws and must...
Baca lebih lajut »
American Airlines to appeal ruling that would break up partnership with JetBlueAmerican Airlines said Wednesday it will appeal a court decision that would force the airline to break up its partnership with JetBlue Airways in the Northeast.
Baca lebih lajut »
American Airlines says it will appeal a ruling that would break up a partnership with JetBlueAmerican Airlines says it will appeal a court ruling that would break up a partnership with JetBlue.
Baca lebih lajut »
American Airlines passenger sentenced after spitting, using emergency slideCynthia McKnight was convicted of spitting on another passenger, pushing a flight attendant, and exiting the aircraft via the emergency slide.
Baca lebih lajut »
Stock Market News: Debt ceiling wrangling, American Airlines lifts outlook, Bud Light sales sinkInvestors are monitoring the back and forth over the debt ceiling vote as the deadline nears, American Airlines lifted its outlook as demand rebounds, Target and Bud Light continue to see customer and investor backlash. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Baca lebih lajut »
Global airlines group to boost focus on non-CO2 emissionsGlobal airlines are setting up a task force to deal with non-carbon dioxide (CO2) emissions, stepping up efforts to tackle cloudy streaks formed by aircraft known as contrails, an environmental threat that until now has taken a backseat to carbon pollution in the response to global warming.
Baca lebih lajut »