Originally published on Mon October 7, 2013 4:02 pm
Japan Airlines is buying $9.5 billion worth of new jetliners from Airbus, placing its first-ever order with the European plane-maker for 31 A350s to replace the carrier's aging fleet of Boeing 777s.
The airline's president, Yoshiharu Ueki, said the order was unrelated to Boeing's problems with the 787, but the huge order is seen as a major coup for the Toulouse, France-based manufacturer at the expense of its American rival.
Originally published on Tue August 13, 2013 2:33 pm
A merger of American Airlines and US Airways would violate U.S. antitrust law, the Justice Department, six state attorneys general and the District of Columbia allege in a lawsuit filed Tuesday in Washington, D.C.
Bloomberg reports that Justice alleges the merger would lead to "less competition in the industry and higher prices for consumers." The wire service explains: