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WKN DE: A1W97M / ISIN: US02376R1023

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15.01.2014 21:55:38

American Airlines To Implement Network Changes Due To Slot Divestitures

(RTTNews) - American Airlines Group Inc. (AAL) on Wednesday announced the planned network adjustments resulting from the required divestiture of slots and related assets at Washington Reagan National Airport and New York LaGuardia Airport.

The divestitures, which enabled American Airlines and US Airways to complete their merger, were mandated by the previously announced settlements with the U.S. Department of Justice, the States of Arizona, Florida, Michigan, Tennessee, the Commonwealths of Pennsylvania and Virginia, and the District of Columbia.

As a result of the 52 slot pair divestitures at Washington Reagan National Airport required by the DOJ, American will no longer operate year-round, daily nonstop service to 17 destinations from Washington Reagan National Airport.

Effective dates for the changes at Washington Reagan National Airport will be announced after the sale of slots and related assets is finalized in the coming weeks. 

As a result of the DOJ-required 17 slot pair divestitures at New York LaGuardia Airport, American will no longer operate nonstop service to Atlanta, Cleveland and Minneapolis.

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