TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

US Airways CEO wants to hang on to American Airlines' slots at Reagan National airport

Daily Photo Galleries

By USA Today
Friday, March 29, 2013, 12:01 a.m.
 

US Airways CEO Doug Parker said on Thursday that his company's pending merger with American Airlines doesn't need to surrender slots at Washington's Reagan National airport, despite complaints from competitor JetBlue.

Parker told the U.S. Chamber of Commerce aviation summit that while the merged company would control two-thirds of the slots at Reagan, it would control only 25 percent of the slots in the Washington region with Dulles and Baltimore airports.

“This isn't something that the Department of Justice should rule on as a matter of law,” said Parker, who would run a newly combined airline.

The proposed merger, which would generate the world's biggest airline, won approval on Wednesday from a U.S. Bankruptcy Court judge in New York, where American had been reorganizing under Chapter 11. It must get the blessing of the Justice Department, which will look at competitive, antitrust issues before the two carriers can be combined.

Parker said it would be bad for smaller communities if a newly merged American airline were forced to give up Reagan slots.

JetBlue Airways CEO David Barger has argued against allowing the merged airline to continue to hold its slots at Reagan, which is across the Potomac River from the nation's capital.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. UPMC buying New Castle-based Jameson Health System
  2. U.S. Steel to restructure Canadian subsidiary, halt 2 U.S. expansion projects
  3. 2 top executives at Dick’s Sporting Goods to retire
  4. Tobacco growers forced to find profits as buyout checks end in October
  5. Mylan CEO Bresch sets sights on growth
  6. UPS expects to hire up to 95K seasonal workers
  7. Envelopes in Marriott hotels invite tips for maids
  8. Congress: Safety agency mishandled GM recall
  9. American Airlines agents vote to join union
  10. Douglas Laboratories sells Klean Athlete: products free from banned substances
  11. Treatment plant to cut chlorides
Subscribe today! Click here for our subscription offers.