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Stock impact report

American Airlines seeks Delta execs' testimony in U.S. trial over JetBlue deal [Reuters]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: Reuters
(Reuters) - Lawyers for American Airlines Group Inc on Tuesday asked a Boston federal judge to require the president of rival Delta Air Lines Inc and another executive to testify at trial as American prepares to challenge the U.S. Justice Department's antitrust claims. The DOJ and six states last year sued American Airlines to stop a partnership with JetBlue Airways Corp that the government said would lead to reduced competition in the Northeast airline market. American is the largest airline in the world. Delta's not a party in the lawsuit, but American Airlines' attorneys at Latham & Watkins contend executives there should be compelled to address competition. In Tuesday's filing, Latham attorneys said Fort Worth-based American Airlines' arrangement with JetBlue was "designed to compete more effectively with Delta" and that "Delta has responded accordingly." American Airlines said Delta president Glen Hauenstein, who is the second-highest-ranking executive at the Atlanta-hea Show less Read more
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