Join The Discussion

 

Super PAC Men: How political consultants took a Fort Worth oilman on a wild ride

The head of a Texas oil dynasty joined the parade of wealthy political donors, aiming to flip the Senate to Republicans. By the time consultants were done with him, the war chest was drained and fraud allegations were flying

read more >

Bon Appétit: New French restaurant dishes out the finest in Fort Worth

Barely open six months, Le Cep, a contemporary French restaurant proffering fine dining, is stirring up Fort Worth’s culinary scene.

read more >

Bombay Co.'s former HQ building purchased

The Bombay Co.’s former Fort Worth headquarters building has been sold, with private equity fund Diversified International Partners snapping up the seven-story, 122,828-square-foot structure at 550 Bailey St.

read more >

Latin-inspired restaurant set to open in downtown Fort Worth

Downtown Fort Worth’s dining scene is about to get spicier with the opening of a new restaurant featuring Latin-inspired coastal cuisine.

read more >

Amazon begins Prime Now program in Dallas area

If you just have to have it now, as in one hour, you can, at least in the Dallas area, as Amazon.com Inc. announced Thursday it will offer Prime Now.

read more >

 

Critics sue to block American-US Airways merger

American and US Airways officials at announcement of merger. 

DALLAS (AP) — Opponents of the proposed merger of American Airlines and US Airways filed a lawsuit Tuesday to block the deal, claiming it would hurt consumers by driving up airfares.

The suit was filed in federal district court in San Francisco by antitrust lawyer Joseph Alioto, on behalf of nearly 40 consumers.

Alioto argued that the merger would lead to fewer flights, reduced service to small cities, and a lower quality of service overall. He said the merger would leave four airlines — United, Delta, Southwest and the post-merger American — controlling about 90 percent of the domestic airline industry, leading to higher prices.

American Airlines spokesman Mike Trevino called the lawsuit "baseless." He said the merger would combine two airlines with little overlap in their routes, give customers more destinations, and is not expected to result in the closure of hub airports currently operated by American and US Airways.

US Airways spokesman Ed Stewart said the lawsuit lacked merit. "As is often the case with high-profile mergers, lawsuits containing baseless allegations such as these are filed and they are successfully defended," he said.

Alioto's law firm has filed lawsuits to block previous airline mergers, including Southwest Airlines Co.'s acquisition of AirTran Airways. In that case, a federal appeals court this year ordered Alioto's firm to pay $67,495 of the carriers' court costs, noting that the lawsuit was filed the day after their deal was completed.

The U.S. Justice Department is reviewing the proposed merger, which would make American the world's biggest airline. The attorneys general of 19 states, led by Texas, have joined that review, meaning that state officials will be able to take part in meetings and witness depositions.

Members of Congress have raised concern that after a merger, American and US Airways Group Inc. would be too dominant at Reagan National Airport outside Washington, D.C. The airlines, however, have resisted suggestions that they should sell some of their takeoff and landing slots at Reagan to other carriers, in order to increase competition.

Trevino said American, part of AMR Corp., was continuing to work with the Justice Department and looked forward to closing the merger, which is expected in the third quarter.
 

< back

Email   email
hide
Catch
How 'bout them Cowboys?