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September 25, 2013

European Commission publishes final decision approving American-US Airways merger

The European Commission released its final report to approve the merger between American Airlines and US Airways on Wednesday.

The commission had raised questions about the deal's competitiveness on certain routes between the U.S. and Europe but said its concerns were alleviated by the carriers' willingness to divest a take-off and landing slot between Philadelphia and London Heathrow Airport.

"The Commission has decided not to oppose the notified Transaction as modified by the final Commitments and to declare it compatible with the internal market and with the EEA Agreement, subject to full compliance with the conditions and obligations laid down in the final Commitments annexed to the present decision," the 71-page report said.

The EC had announced its decision to not oppose the merger in early August. However, the U.S. Department of Justice filed an antitrust suit to stop the merger last month and the deal is still pending while a federal court hears the issue at a trial scheduled for November 25.

Click on this link to download the full AMR-LCC. EU Decision

-Andrea Ahles

 

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