Haha, DoJ: American-US Airways Get November Trial
It’s a good day for AMR Corp. (AAMRQ.PK) and US Airways (NYSE:LCC). A federal judge has granted AMR Corp.’s American Airlines and US Airways’s request for a November trial. The two have been in the process of merging for months, but the U.S. Justice Department recently filed a suit to block the deal on antitrust grounds, the Wall Street Journal reports.
While both the airlines and the DoJ said they would be willing to come to an agreement that would allow the merger to go through, the two parties have clashed on when the trial should begin. AMR Corp. and US Airways asked for a November trial, which they said would give the DoJ plenty of time to prepare its case. The DoJ said it wanted to wait until March get ready for the trial.
On Friday, U.S. District Judge Colleen Kollar-Kotelly sided with the airlines, saying the DoJ’s date was “too far off,” according to the Journal. The trial is set to begin on November 25 and is expected to last 10 days. A spokesman for the DoJ told the Journal that the organization “will be ready to present our case on Nov. 25.”