DOJ

Southwest Airlines and JetBlue Airways are both big winners in the auctioning of American Airlines and US Airways slots at Washington Reagan National Airport that the U.S. government required in order for American and US Airways to complete their merger in December.

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American Airlines Group Inc. is dropping 17 destinations from its schedule at Washington Reagan National Airport and three major cities from its New York LaGuardia schedule, but is adding new service to 10 cities from LaGuardia.

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The U.S. Bankruptcy Court for the Southern District of New York has approved the settlement that AMR Corporation and US Airways Group, Inc. reached with the DOJ and several U.S. states of the lawsuit the two companies filed against them. It has also ruled that the merger may be consummated despite the fact a private antitrust lawsuit is still pending against the two companies.

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