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Fitch Says AMR/US Air Antitrust Settlement Positive for Industry

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The settlement agreement between the Department of Justice and AMR
Corp./US Airways Group, Inc. (US) is a positive for the two companies
and for the industry as a whole, according to Fitch Ratings.

A successful merger of US and AMR continues the trend of improved U.S.
airline credit profiles over the last five years that have been driven
by a more sustainable industry structure. The strongest carriers have
also benefitted from disciplined capacity management practices, higher
passenger yields and better revenue fundamentals. Concessions included
in the DOJ settlement are viewed as relatively minor considering the
scale of the merger, and leave intact much of the benefit expected from
a combined US/AMR route structure.

See full press release

Posted-In: News Guidance Management Global

 

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