http://www.reuters.com/article/idUSTRE66D1HZ20100714
It's about time from a competitive and consumer point of view, which obviously doesn't matter in this forum....
Let the gnashing of teeth begin.
Does anyone have an idea when the DOT will be making their decision
final. I believe they gave tentative approval to the deal in February.
Why is it taking so long to give final approval?
Why is it taking so long to give final approval?
Details on the slot drops are at http://ec.europa.eu/competition/antitrust/cases/decisions/39596/commitments.pdf
2x LHR-BOS, 1x LHR-MIA and 1x LHR-DFW are mentioned in the DOT docket, but the EU docket mentions a fifth slot pair on LHR-JFK.
They also mention in the docket that only three of the four should be for the peak AM arrival period at LHR.
AA is so far the rest of the industry when it comes to their business class product... that contraption you try to call "angled almost flat" is no comparison to a true flat bed on both BA and IB. AA's fares for business class to Europe are on average 20% more than what I pay on either IB or BA, and paying more for less service just doesn't add up anymore. With approval, at least I can fly on BA without having to forego the mileage credit towards retaining my tier status...
Great News!
What is the estimated positive economic impact on AMR's balance sheet of this agreement?