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USAPA requests investigation into US Airways and Delta Air Lines transaction by US Department of Justice

Posted on: Tue, 01 Dec 2009 07:15:00 EST

Symbols: DAL, LCC

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Dec 01, 2009 (AIRLINE INDUSTRY INFORMATION via COMTEX) --
LCC | Quote | Chart | News | PowerRating -- The US Airline Pilots Association (USAPA) said on Monday that it is now
seeking full investigation into the impact of a proposed slot, gate and
facility transaction between US Airways (NYSE:LCC) and Delta Air Lines
(NYSE: DAL | Quote | Chart | News | PowerRating) at New York's LaGuardia and Washington's Reagan National
airports.

The union wrote a letter to Christine Varney, assistant attorney
general of the US Department of Justice's Antitrust Division, stating
that it believes that the agreement between US Airways and Delta Air
Lines could have serious antitrust concerns.

The proposed agreement would see the transfer of 125 pairs of New
York's LaGuardia Airport slots from US Airways to Delta and 42 pairs of
Washington's Reagan National Airport slots from Delta to US Airways. US
Airways also plans to transfer real estate and gates to Delta,
according to USAPA.

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For full details on Delta Air Lines Inc (DAL) DAL. Delta Air Lines Inc (DAL) has Short Term PowerRatings at TradingMarkets. Details on Delta Air Lines Inc (DAL) Short Term PowerRatings is available at This Link.

For full details on US Airways Group Inc (LCC) LCC. US Airways Group Inc (LCC) has Short Term PowerRatings at TradingMarkets. Details on US Airways Group Inc (LCC) Short Term PowerRatings is available at This Link.

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