- Advertisement -Newspaper WordPress Theme
InvestmentsU.S. government and American Airlines, JetBlue propose trial date By Reuters

U.S. government and American Airlines, JetBlue propose trial date By Reuters


© Reuters. FILE PHOTO: An American Airlines Airbus A321-200 aircraft takes off from Los Angeles International airport (LAX) in Los Angeles, California, U.S. March 28, 2018. REUTERS/Mike Blake

(Corrects Nov 19 story to indicate events within the swimsuit have agreed to proposed trial schedule, however the decide has not accredited it)

(Reuters) -The U.S. Justice Department, American Airlines (NASDAQ:) Group Inc and JetBlue Airways (NASDAQ:) Corp have agreed to a proposed trial date for the government’s antitrust lawsuit in opposition to the airways for the second half of subsequent yr.

U.S. District Judge Leo Sorokin in Boston nonetheless must approve the proposed schedule and trial date starting in September 2022, in response to courtroom paperwork filed on Friday.

The trial stems from an antitrust lawsuit filed by the Justice Department and six states over what known as the “Northeast Alliance” partnership between JetBlue and the world’s largest airline, American Airlines.

The swimsuit alleges the deal would result in greater fares in busy northeastern U.S. airports and seeks to dam the plan, which was introduced in July 2020 and accredited by the U.S. Transportation Department shortly earlier than the tip of the Trump administration.

Disclaimer: Fusion Media want to remind you that the info contained on this web site shouldn’t be essentially real-time nor correct. All CFDs (shares, indexes, futures) and Forex costs aren’t supplied by exchanges however quite by market makers, and so costs is probably not correct and might differ from the precise market worth, which means costs are indicative and not acceptable for buying and selling functions. Therefore Fusion Media doesn`t bear any duty for any buying and selling losses you would possibly incur on account of utilizing this information.

Fusion Media or anybody concerned with Fusion Media won’t settle for any legal responsibility for loss or harm on account of reliance on the data together with information, quotes, charts and purchase/promote indicators contained inside this web site. Please be absolutely knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is among the riskiest funding varieties doable.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exclusive content

- Advertisement -Newspaper WordPress Theme

Latest article

More article

- Advertisement -Newspaper WordPress Theme