33 F
Fort Worth
Friday, December 4, 2020
Government Southwest: Airline merger could open up gates in D.C.

Southwest: Airline merger could open up gates in D.C.

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...
Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

 

DAVID KOENIG, AP Airlines Writer

DALLAS (AP) — The CEO of Southwest Airlines Co. is “reasonably confident” that American and US Airways will eventually merge, and he wants some of their takeoff and landing rights at Reagan National Airport outside Washington.

Southwest might have to fight JetBlue for those rights.

The U.S. Justice Department is suing to block the merger, saying that it would restrict competition and drive up consumer prices. It says US Airways and American would control 69 percent of the flights at Reagan National, which is just a Metro ride from downtown Washington, the Capitol, and the region’s suburbs.

A trial on the government’s lawsuit is scheduled for Nov. 25, but the airlines aren’t ruling out a negotiated settlement.

On Thursday, analysts asked CEO Gary Kelly whether Southwest would be interested if American and US Airways are forced to give up Reagan takeoff and landing rights, called slots.

“Absolutely,” Kelly said, “and I wouldn’t restrict it just to Reagan. We would be interested in more slots at LaGuardia (in New York) as well.”

Kelly added, “I can’t imagine that the merger goes forward without requiring divestiture. … Obviously, the Justice Department seems to agree.” The CEO said he had no inside information about the situation but based his comments on antitrust law, the government’s lawsuit and the number of “slots that are hoarded — at Reagan in particular.”

Representatives of US Airways and American declined to comment.

Testifying before Congress this summer, US Airways Group Inc. CEO Doug Parker was adamant that the two airlines shouldn’t have to give up any slots. Tom Horton, the CEO of American parent AMR Corp., said recently that the companies are open to a reasonable settlement that lets the merger take place, but he declined to discuss specifics such as slots.

Last month, JetBlue Airways Corp. CEO Dave Barger said the merged airline should give up all of American’s flights at Reagan while keeping US Airways’ current slots.  


close






Oh hi there 👋 It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.


close






Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

Latest News

Gov. Greg Abbott tells supporters he’s considering placing law enforcement for central Austin under state control

In his latest move in a political fight against Austin over police funding, Gov. Greg Abbott says he is considering a proposal to put...

MedStar and Texas Health Resources to donate ambulance and supplies to Fort Worth Sister City Toluca, Mexico

Toluca, Mexico, capital of the State of Mexico, is the center of a rapidly growing urban area and the fifth-largest city in Mexico, home...

Joaquin Castro loses bid to lead U.S. House Foreign Affairs Committee

U.S. Rep. Joaquin Castro came up short Thursday in his bid to become chairman of the House Foreign Affairs Committee. He lost to U.S. Rep....

Biden, top Democrats swing behind bipartisan virus aid bill

By ANDREW TAYLOR Associated PressWASHINGTON (AP) — President-elect Joe Biden swung behind a bipartisan COVID-19 relief effort Wednesday and his top Capitol Hill allies...

Automakers prep for stronger mileage standards under Biden

DETROIT (AP) — Now that it’s clear Joe Biden soon will be president, the fight over automobile pollution and fuel efficiency standards is likely...