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Source: Tulsa World, Okla.迷你倉新蒲崗Aug. 23--American Airlines and US Airways want a November trial date to fight the Justice Department's antitrust lawsuit, three months earlier than the government wanted.The airlines Thursday requested that the U.S. District Court in Washington, D.C., schedule a Nov. 12 trial date. According to their motion, the Department of Justice was hoping to be in court as early as Feb. 10, but the airlines want to speed up arguments, move on with their merger and save on legal costs.The airlines' filing notes that the Justice Department's lawsuit has delayed American's bankruptcy case and contends that every extra day creates another $500,000 in legal fees for American in that case alone."The urgency to complete their transaction is far greater here than in ordinary merger cases," the airlines' lawyers state in their filing. "The government cannot justify its unprecedentedly slow trial schedule."In its lawsuit filed last week, the Justice Department alleges that a merger would violate antitrust law and cost consumers billions of dollars in higher ticket prices.The merger would create the world's largest airline and further consolidate the industry in the U.S. into just four dominant airlines.US Airways CEO Doug Parker would be president and CEO of the new carrier, which would be called American Airlines."Along with our colleagues at American Airlines, we are looking forward to proving in a court what all of us have known all along -- that this merger is good for competition and as a result, extremely good for consumers," Parker said in a letter to US Airways employees Thursday.American Airlines has some 6,300 employees in Tulsa, mainly at its Maintenance & Engineering Center at Tulsa International Airport. The facility is the company's primary jet engine迷你倉出租overhaul and maintenance base."The request for a November trial date also reflects our strong, unwavering belief in our merger with US Airways and in our legal case," American Airlines CEO Tom Horton said in a memo to employees. "Simply put: We're ready to go."Lawyers for both the Justice Department and the airlines have vowed to take the lawsuit to trial and have refused to make settlement offers.In his letter to workers, Horton said American wants to finish its reorganization, which began with a bankruptcy filing in November 2011.In the wake of the Justice Department's lawsuit, U.S. Bankruptcy Judge Sean Lane of New York has asked that American Airlines and other groups in the case explain how the lawsuit could alter the carrier's reorganization plan.A November trial date could also preempt a provision in the airlines' merger agreement that allows either side to abandon the deal as of Dec. 13 if regulatory hurdles have not been cleared.What's new in the antitrust case?The lawsuit: The Justice Department is suing to block the merger of American Airlines and US Airways, which would create the world's largest airline. Government antitrust lawyers say the merger would hurt competition and cost consumers billions in higher fares.What happened Thursday?: American and US Airways asked a federal court to set a Nov. 12 trial date, three months earlier than the Justice Department wanted.Why it matters?: The airlines want to speed up the antitrust case, finish American's bankruptcy reorganization and, eventually, close the merger. Delays will cost millions in legal fees, they say.Kyle Arnold 918-581-8380kyle.arnold@tulsaworld.comCopyright: ___ (c)2013 Tulsa World (Tulsa, Okla.) Visit Tulsa World (Tulsa, Okla.) at .tulsaworld.com Distributed by MCT Information Services儲存倉
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