Comp/M.6607 – Us Airways / American Airlines Section

Total Page:16

File Type:pdf, Size:1020Kb

Comp/M.6607 – Us Airways / American Airlines Section Disclaimer : The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein. COMP/M.6607 – US AIRWAYS / AMERICAN AIRLINES SECTION 1.2 Description of the concentration 1 The Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004, by which the undertakings US Airways Group Inc. and AMR Corporation will merge within the meaning of Article 3(1)(a) of the Merger Regulation. 2 The Parties are principally active as providers of scheduled passenger air transport services. They also have activities in air cargo transport. 3 US Airways Group Inc. is a holding company whose primary business activity is the operation of a major network air carrier through its wholly owned subsidiaries US Airways, Piedmont Airlines, Inc., PSA Airlines, Inc., Material Services Company, Inc. and Airways Assurance Limited. 4 US Airways Group Inc. offers scheduled passenger services to more than 200 destinations in the United States, Canada, Mexico, Europe, the Middle East, the Caribbean, and Central and South America. 5 AMR Corporation is a holding company whose activities fall entirely within the airline industry. AMR is the parent company of both American Airlines, Inc. and American Eagle Airlines, Inc. 6 AMR’s principal subsidiary, American Airlines, Inc., offers scheduled passenger services to approximately 160 destinations in the United States, Canada, the Caribbean, Latin America, Europe and Asia. .
Recommended publications
  • IATA CLEARING HOUSE PAGE 1 of 21 2021-09-08 14:22 EST Member List Report
    IATA CLEARING HOUSE PAGE 1 OF 21 2021-09-08 14:22 EST Member List Report AGREEMENT : Standard PERIOD: P01 September 2021 MEMBER CODE MEMBER NAME ZONE STATUS CATEGORY XB-B72 "INTERAVIA" LIMITED LIABILITY COMPANY B Live Associate Member FV-195 "ROSSIYA AIRLINES" JSC D Live IATA Airline 2I-681 21 AIR LLC C Live ACH XD-A39 617436 BC LTD DBA FREIGHTLINK EXPRESS C Live ACH 4O-837 ABC AEROLINEAS S.A. DE C.V. B Suspended Non-IATA Airline M3-549 ABSA - AEROLINHAS BRASILEIRAS S.A. C Live ACH XB-B11 ACCELYA AMERICA B Live Associate Member XB-B81 ACCELYA FRANCE S.A.S D Live Associate Member XB-B05 ACCELYA MIDDLE EAST FZE B Live Associate Member XB-B40 ACCELYA SOLUTIONS AMERICAS INC B Live Associate Member XB-B52 ACCELYA SOLUTIONS INDIA LTD. D Live Associate Member XB-B28 ACCELYA SOLUTIONS UK LIMITED A Live Associate Member XB-B70 ACCELYA UK LIMITED A Live Associate Member XB-B86 ACCELYA WORLD, S.L.U D Live Associate Member 9B-450 ACCESRAIL AND PARTNER RAILWAYS D Live Associate Member XB-280 ACCOUNTING CENTRE OF CHINA AVIATION B Live Associate Member XB-M30 ACNA D Live Associate Member XB-B31 ADB SAFEGATE AIRPORT SYSTEMS UK LTD. A Live Associate Member JP-165 ADRIA AIRWAYS D.O.O. D Suspended Non-IATA Airline A3-390 AEGEAN AIRLINES S.A. D Live IATA Airline KH-687 AEKO KULA LLC C Live ACH EI-053 AER LINGUS LIMITED B Live IATA Airline XB-B74 AERCAP HOLDINGS NV B Live Associate Member 7T-144 AERO EXPRESS DEL ECUADOR - TRANS AM B Live Non-IATA Airline XB-B13 AERO INDUSTRIAL SALES COMPANY B Live Associate Member P5-845 AERO REPUBLICA S.A.
    [Show full text]
  • AMR Corporation
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For fiscal year ended December 31, 2004. o Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number 1-8400. AMR Corporation (Exact name of registrant as specified in its charter) Delaware 75-1825172 (State or other jurisdiction (I.R.S. Employer Identification No.) of incorporation or organization) 4333 Amon Carter Blvd. Fort Worth, Texas 76155 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code (817) 963-1234 Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of exchange on which registered Common stock, $1 par value per share New York Stock Exchange 9.00% Debentures due 2016 New York Stock Exchange 7.875% Public Income Notes due 2039 New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: NONE (Title of Class) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No o. Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this chapter) is not contained herein, and will not be contained, to the best of the registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.
    [Show full text]
  • US and Plaintiff States V. US Airways Group, Inc. and AMR Corporation
    Case 1:13-cv-01236-CKK Document 170 Filed 04/25/14 Page 1 of 28 UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA UNITED STATES OF AMERICA, et al. Plaintiffs, v. Case No. 1:13-cv-01236 (CKK) US AIRWAYS GROUP, INC. and AMR CORPORATION Defendants. FINAL JUDGMENT WHEREAS, Plaintiffs United States of America ("United States") and the States of Arizona, Florida, Tennessee and Michigan, the Commonwealths of Pennsylvania and Virginia, and the District of Columbia ("Plaintiff States") filed their Complaint against Defendants US Airways Group, Inc. ("US Airways") and AMR Corporation ("American") on August 13, 2013, as amended on September 5, 2013; AND WHEREAS, the United States and the Plaintiff States and Defendants, by their respective attorneys, have consented to the entry of this Final Judgment without trial or adjudication of any issue of fact or law, and without this Final Judgment constituting any evidence against or admission by any party regarding any issue of fact or law; AND WHEREAS, Defendants agree to be bound by the provisions of the Final Judgment pending its approval by the Court; 1 Case 1:13-cv-01236-CKK Document 170 Filed 04/25/14 Page 2 of 28 AND WHEREAS, the essence of this Final Judgment is the prompt and certain divestiture of certain rights or assets by the Defendants to assure that competition is not substantially lessened; AND WHEREAS, the Final Judgment requires Defendants to make certain divestitures for the purposes of remedying the loss of competition alleged in the Complaint; AND WHEREAS, Defendants have represented to the United States and the Plaintiff States that the divestitures required below can and will be made, and that the Defendants will later raise no claim of hardship or difficulty as grounds for asking the Court to modify any of the provisions below; NOW THEREFORE, before any testimony is taken, without trial or adjudication of any issue of fact or law, and upon consent of the parties, it is ORDERED, ADJUDGED, AND DECREED: I.
    [Show full text]
  • PSA Airlines CASE STUDY
    PSA Airlines CASE STUDY PSA Airlines PSA Airlines’ headquarters was originally estab- lished in Dayton in 1985 while it was under the ownership of Piedmont Airlines. Dayton remains headquarters to PSA Airlines, now a wholly owned subsidiary of US Airways, that merged with American Airlines in 2013. The airline operates an all-jet fleet and is considered the fastest- growing regional carrier under the American Eagle brand with nearly 3,000 employees operating nearly 700 daily flights to nearly 90 destinations. Since 2014, PSA has doubled its size and, by 2016, operated 150 Bombardier CRJ 900 aircraft. As a result of this growth, PSA has expanded its Dayton-based facilities, including a new maintenance hangar that opened in October of 2016. The new, 77,000 square foot hangar is adjacent to PSA’s existing 40,000 square foot operations control center and 6,500 professional learning center located at the Dayton International Airport and is the airline’s largest aircraft maintenance support facility. Dion Flannery, PSA President, stated that the new hanger is…“a testament to our growth, it’s an important infrastructure for us that’s going to last the rest of our days here.” How the City of Dayton (City) and its local partner, Montgomery County Economic Development Services (MCDS) helped PSA Airlines achieve speed-to-market, lower costs, and reduce risk: SPEED TO MARKET: In 2014, when PSA was planning to receive 30 new Bombardier CRJ 900 aircraft, the airline needed maintenance facilities for the new aircraft. The City of Dayton presented a schedule that met PSA’s and its parent company’s schedule through a 20-year lease customized to PSA’s needs.
    [Show full text]
  • November 2015 Newsletter
    PilotsPROUDLY For C ELEBRATINGKids Organization 32 YEARS! Pilots For KidsSM ORGANIZATION Helping Hospitalized Children Since 1983 Want to join in this year’s holiday visits? Newsletter November 2015 See pages 8-9 to contact the coordinator in your area! PFK volunteers from ORF made their first visit to the Children’s Hospital of the King’s Daughters (CHKD). This group from Delta/VFC-12 and UAL enjoyed their inaugural visit in October and volunteers plan more visits through the holiday season. “100% of our donations go to the kids” visit us at: pilotsforkids.org (2) (3) Pilots For Kids Organization Pilots For Kids Organization President’s Corner... More Success for Dear Members, MCO Golf According to Webster’s Dictionary, the Captain Baldy was joined by an enthusiastic group of definition of fortunate is “bringing some good not golfers at Rio Pinar Country Club in Orlando on Sat- foreseen.” urday, October 24th. The golf event was followed by lunch and a silent auction that raised additional funds Considering that definition, our organization for Orlando area children. is indeed fortunate on many levels. We are fortu- nate to have members who passionately support Special thanks to all of the businesses who donated our vision, financially support our work, and vol- to make the auction a huge success. The group of unteer their valuable time to benefit hospitalized generous doners included the Orlando Magic, Jet- children. Blue, Flight Safety, SeaWorld/Aquatica, i-FLY, Embassy Suites, Hyatt Regency, Wingate, Double- Because of this good fortune, we stand out tree, Renaissance, Sonesta Suites, LaQuinta, the among many creditable charitable organizations.
    [Show full text]
  • 1998 Annual Report
    AMR CORPORATION 1998 ANNUAL REPORT AMR Corporation is a worldwide leader in scheduled air transportation, in the development and application of information technology for aviation, travel and tourism, and in a wide range of other aviation-related activities. C ONTENTS Consolidated Highlights 1 Letter from the Chairman 2 1998 Quarterly Highlights 6 Shareholder Essay 8 Customer Essay 12 Employee Essay 16 The Sabre Group Essay 20 Financial Information 23 Eleven-Year Comparative Summary 58 Board of Directors and AMR Officers 60 Management–Divisions and Subsidiaries 61 Corporate Information 62 C OVER American Airlines’ new Boeing 777 CONSOLIDATED HIGHLIGHTS (Dollars in millions, except per share amounts) Percent Year Ended December 31, 1998 1997 Change Total operating revenues $ 19,205 $ 18,184 5.6 Total operating expenses $ 16,867 $ 16,277 3.6 Operating income $ 2,338 $ 1,907 22.6 Operating margin 12.2% 10.5% 1.7 pts. Income from continuing operations $ 1,306 $ 973 34.2 Net earnings $ 1,314 $ 985 33.4 Average shares of common stock outstanding (in thousands) 168,750 178,304 (5.4) Earnings per common share (basic) From continuing operations $ 7.73 $5.45 41.8 Net earnings $ 7.78 $5.52 40.9 Earnings per common share (diluted) From continuing operations $ 7.48 $5.32 40.6 Net earnings $ 7.52 $5.39 39.5 Return on equity 20.4% 16.6% 3.8 pts. Ratio of current assets to current liabilities at year-end 0.86 0.89 (3.4) 1 Average equivalent number of employees 116,300 113,900 2.1 Approximate number of common shareholders of record at year-end 14,000 14,300
    [Show full text]
  • American Airlines Bankruptcy
    The American Airlines Bankruptcy Bankruptcy and Reorganization Connor Lynagh Darryl Pinkus Andrew Ralph Michael Sutcliffe 12/12/2013 Introduction The AMR Corporation, parent company of American Airlines, filed for Chapter 11 on November 29th, 2011 in the U.S. Bankruptcy Court for the Southern District of New York. While the actual day of the filing surprised the financial markets, the bankruptcy itself was an expected event given the turmoil the airline industry had endured. On December 9th, 2013, AMR Corp exited bankruptcy by merging with US Airways and became American Airlines Group Inc. The time in bankruptcy totaled two years and ten days which is above the average duration for a company in bankruptcy, and it was arguably the most dramatic bankruptcy in 2013. By the time AMR Corp filed a plan of reorganization in April 2013, the company, along with its creditors and labor unions, had agreed to a merger with US Airways. Despite AMR originally wanting to exit bankruptcy without a merger, the merger was estimated to create synergies of around $7 billion, a number that couldn’t be ignored by AMR’s management. Judge Sean Lane, the bankruptcy judge overseeing the AMR proceedings, approved the disclosure statement in June 2013, allowing AMR to solicit votes from its creditors. The vote in favor of the plan of reorganization was an overwhelming success, but in early August 2013, the Justice Department filed an antitrust lawsuit against the merger. Judge Lane approved the plan of reorganization, but the implementation of the reorganization was dependent on the DC court’s ruling.
    [Show full text]
  • Corporate Profile
    Corporate Profile The SABRE Group Holdings, Inc. (The SABRE Group) is a world leader in the electronic distribution of travel-related products and services and is a leading provider of information technology solutions for the travel and transportation indus- try. Through The SABRE Group’s global distribution system, more than 30,000 travel agency locations, three million reg- istered individual consumers and numerous corporations access information on and book reservations with more than 400 airlines, more than 50 car rental companies, 35,000 hotel properties, and dozens of railways, tour companies, passenger ferries and cruise lines located throughout the world. The SABRE Group also provides a comprehensive suite of decision- support systems, software and consulting services to the travel and transportation industry, and is increasingly leveraging its expertise to offer solutions to companies in other industries that face similar complex operational issues. Airport author- ities, railroads, logistical service providers, lodging companies, oil and gas companies, and leaders in the financial services industry are all customers of The SABRE Group. The SABRE Group operates one of the world’s largest privately owned, real-time computer systems. The vast SABRE® network links over 130,000 terminals located in travel agencies, as well as many more privately owned personal computers, and has sent up to 190 million messages per day to the central data cen- ter located in Tulsa, Oklahoma. The data center is composed of 17 mainframe computers with over 4,000 MIPS of pro- cessing power and 15.3 terabytes of electronic storage. The SABRE Group’s objective is to be the leading provider of information technology solutions to the travel industry, and to broaden its customer base by expanding to other industries.
    [Show full text]
  • DRAFT AMR-US Merger Release
    FOR RELEASE: Tuesday, Nov. 12, 2013 AMR CORPORATION AND US AIRWAYS ANNOUNCE SETTLEMENT WITH U.S. DEPARTMENT OF JUSTICE AND STATE ATTORNEYS GENERAL Settlement Allows for Completion of Merger in December FORT WORTH, Texas and TEMPE, Ariz, – AMR Corporation (OTCQB: AAMRQ), the parent company of American Airlines, Inc., and US Airways Group, Inc. (NYSE: LCC) today announced that the airlines have settled the litigation brought by the U.S. Department of Justice (DOJ), the States of Arizona, Florida, Michigan and Tennessee, the Commonwealths of Pennsylvania and Virginia, and the District of Columbia challenging the merger of AMR and US Airways. The companies also announced an agreement with the U.S. Department of Transportation (DOT) related to small community service from Washington Reagan National Airport (DCA). Tom Horton, chairman, president and CEO of AMR, and incoming chairman of the board of the combined company, said, “This is an important day for our customers, our people and our financial stakeholders. This agreement allows us to take the final steps in creating the new American Airlines. With a renewed spirit, we are about to create the world’s leading airline that will offer, along with our oneworld® partners, a comprehensive global network and service by the best people in the business. There is much more work ahead of us but we’re energized by the challenge and look forward to competing vigorously in the ever-changing global marketplace.” Doug Parker, chairman and CEO of US Airways, and incoming CEO of the combined airline, said, “This is very good news and we are grateful to all who have made it happen.
    [Show full text]
  • Airport Irregular Operations (Irops) Plan
    AIRPORT IRREGULAR OPERATIONS (IROPS) PLAN South Bend International Airport (SBN) St. Joseph County Airport Authority IRREGULAR OPERATIONS PLAN South Bend International Airport TABLE OF CONTENTS TABLE OF CONTENTS .................................................................................................. 2 INTRODUCTION ............................................................................................................. 3 AIRPORT INFORMATION .............................................................................................. 3 CONTACT INFORMATION ............................................................................................ 4 PASSENGER DEPLANEMENT FOLLOWING EXCESSIVE TARMAC DELAYS ......... 5 USE OF FACILITIES OR GATES IN AN EMERGENCY ................................................ 6 INTERNATIONAL PASSENGER ACCOMMODATIONS ............................................... 6 PUBLIC ACCESS TO THE PLAN .................................................................................. 6 EXHIBIT 1: CONTACT INFORMATION ........................................................................ 7 EXHIBIT 2: TERMINAL GATE USAGE AND LIMITATIONS ........................................ 8 EXHIBIT 3: EQUIPMENT AVAILABILITY AND LIMITATIONS .................................. 10 EXHIBIT 4: TERMINAL DIVERSION OVERFLOW PARKING MAP ........................... 11 EXHIBIT 5: SPECIAL EVENT OVERFLOW PARKING MAP ..................................... 12 EXHIBIT 6: FAR PART 77 IMAGINARY SURFACE MAPS .......................................
    [Show full text]
  • American Airlines: Bankrupt, Like Every Other Legacy Airline
    American Airlines: Bankrupt, Like Every Other Legacy Airline June 2012 Written by Jeffrey S. Harrison, Siri Kalburgi and Colleen Koch Reed at the Robins School of Business, University of Richmond. Copyright © Jeffrey S. Harrison. This case was written for the purpose of classroom discussion. It is not to be duplicated or cited in any form without the copyright holder’s express permission. For permission to reproduce or cite this case, contact Jeff Harrison at [email protected]. In your message, state your name, affiliation and the intended use of the case. Permission for classroom use will be granted free of charge. Other cases are available at: http://robins.richmond.edu/centers/case-network.html In November of 2011, a giant fell. AMR, the holding company of American Airlines, American Eagle Airlines and AmericanConnection, which collectively serve 250 cities in 40 countries and average over 3,400 flights a day, filed for voluntary bankruptcy under Chapter 11 in a New York Federal Court.1 The roots of this legacy airline run deep. What is now American Airlines (“American”), principle subsidiary of AMR, started out as American Airways in the 1920s – the pioneer age of aviation. AMR is one of four remaining legacy carriers to have survived the Great Depression, 1978 Airline Deregulation, September 11 and the Great Recession that began in late 2007. Slowly fading from our consciousness are the legacy airlines of the past: TWA, Eastern, and Pan American. Only United, Delta, U.S. Airways and AMR still exist. The fact that AMR held out to the end was a point of pride, mostly for 2003-2011 Chairman and CEO Gerard Arpey, because Arpey saw bankruptcy as a sign of failure.
    [Show full text]
  • The American Airlines Bankruptcy
    University of Tennessee, Knoxville TRACE: Tennessee Research and Creative Exchange Chapter 11 Bankruptcy Case Studies College of Law Student Work 4-28-2017 How to Get Away with Merger: The American Airlines Bankruptcy Kelsey Cunningham Osborne Christopher K. Coleman Follow this and additional works at: https://trace.tennessee.edu/utk_studlawbankruptcy Part of the Bankruptcy Law Commons Recommended Citation Cunningham Osborne, Kelsey and Coleman, Christopher K., "How to Get Away with Merger: The American Airlines Bankruptcy" (2017). Chapter 11 Bankruptcy Case Studies. https://trace.tennessee.edu/utk_studlawbankruptcy/46 This Article is brought to you for free and open access by the College of Law Student Work at TRACE: Tennessee Research and Creative Exchange. It has been accepted for inclusion in Chapter 11 Bankruptcy Case Studies by an authorized administrator of TRACE: Tennessee Research and Creative Exchange. For more information, please contact [email protected]. How To Get Away with Merger: The American Airlines Bankruptcy By: Kelsey Cunningham Osborne & Christopher K. Coleman Table of Contents Cast of Characters ...................................................................................................... 4 I. Introduction ............................................................................................................. 6 II. The Debtor’s Business .......................................................................................... 7 III. Events Leading to Filing for Chapter 11 .....................................................
    [Show full text]