Airline merger carries pros, cons for fliers

Article Abstract:

Regulatory approval for United Air Lines' $4.3 billion acquisition of US Airways would depend on how federal authorities perceive the notion that being big is necessarily bad. A combined United-US Airways entity would command a 30% share of the nonstop domestic routes flown by the US' 10 major airlines. Moreover, United would own 65% or more of the seats available on those routes. Regulators may also have to worry about provoking another round of consolidation among airlines if the acquisition is finally given approval.

Domestic Air Passenger Svc, Domestic airlines

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Other airlines may bid for parts of TWA

Article Abstract:

Trans World Airlines (TWA) has accepted American Airlines Inc's $500- million offer to take over TWA on Jan 10, 2001. American has provided loans to keep TWA flying since and plans to provide jobs for most of its 20,000 employees. A bidding war may break out on Jan 26, 2001, when a federal bankruptcy judge begins weighing American's offer against emerging bids from Continental Airlines and Northwest Airlines that would carve off chunks of TWA but preserve a smaller, independent airline in St Louis, MO.

Trans World Airlines Inc.

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Future of DC Air hazy after new offer

Article Abstract:

Continental Airlines has offered $215 million in cash for US Airways assets. The offer has complicated the merger agreement between US Airways and United Airlines. It has also dimmed the acquisition prospects of Black Entertainment Television founder Robert Johnson who offered $141 million for US Airways. The assets include 119 takeoff and landing slots for jets and 103 for commuter planes at Reagan Washington National Airport plus leases on maintenance facilities and planes.

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