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The Latest Breaking News from US Airways

Behind the tailspin at American Airlines that has sent debt soaring, investors fleeing, and the stock plunging 90% to a level one analyst calls ‘bonkers’

Out of the Big Four airlines, American's valuation is the lowest by a wide margin, meaning that investors wager that it will do far, far worse going forward than its beaten-down peers.

Fortune

Biden administration takes on JetBlue as its fight against industry consolidation goes to court

The Biden administration and JetBlue Airways are facing off in court over the Biden administration's effort to stop JetBlue from buying Spirit Airlines

The Independent UK

Judge strikes down American Airlines, JetBlue alliance in antitrust triumph for Biden

The Department of Justice ruled on Friday that American Airlines and JetBlue Airways must dismantle the carriers’ long-term partnership.

Tribune News Service

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Commentary: Would a JetBlue and Spirit merger be all that bad for travelers?

JetBlue is seeking permission to merge with Spirit Airlines. The U.S. Department of Justice is working to block the purchase. Does this make sense for air travelers?

Chicago Tribune

JetBlue merger with Spirit not cleared for takeoff – why Justice Department is suing to scupper deal

The U.S. Department of Justice has intervened to block a proposed deal that would see carrier JetBlue buy budget service Spirit Airlines.

The Conversation

Former American Airlines CEO Doug Parker stepping down as chairman

Former American Airlines CEO Doug Parker, who led the company through the merger that brought together American Airlines and US Airways to form the world’s largest carrier, is stepping down as the company’s chairman at the end of April, the company said Thursday.

Tribune News Service

Exec says American Airlines lost track of valuable JFK slots in US Airways merger

American Airlines lost track of coveted space at JFK International Airport in New York following its merger with US Airways, resulting in the carrier giving up flights at one of the world’s most competitive airports, a top executive testified Friday.

Tribune News Service

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