The Justice Department and a number of state attorneys general are challenging the proposed $11 billion merger between US Airways Group Inc. and American Airlines' parent company, AMR Corp.
The Justice Department says the merger would result in the creation of the world's largest airline. The government says a combination of the two companies would reduce competition for commercial air travel in local markets and would result in passengers paying higher airfares and receive less service.
A lawsuit filed in federal court in Washington, D.C., seeks to prevent the companies from making the deal in order to preserve head-to-head competition.
The Tulsa Regional Chamber released this statement:
The Tulsa Regional Chamber remains supportive of the American Airlines and US Airways merger. We are confident US Airway's decision to merge with American Airlines, a longstanding corporate partner in Tulsa, will keep thousands of high-paying aerospace and manufacturing jobs here in our community.
Mayor Dewey Bartlett released this statement:
"The lawsuit filed against the American Airlines/US Airways merger is a late and irresponsible challenge by the Obama Administration. Ironically, I believe that if American Airlines had asked for a bailout, the Obama Administration would have already given it to them. But, American Airlines didn't ask for a bailout, they along with US Airways, want to solve their problems in the free market and President Obama wants to stand in the way. Has President Obama done enough to slow our economy? He continues to harm free market solutions with government intervention into free market affairs."