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OFFON

AMERICAN AIRLINES GROUP INC.

(AAL)
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AMERICAN AIRLINES GROUP INC. : Other Events (form 8-K)

09/22/2021 | 07:32am EDT

ITEM 8.01. OTHER EVENTS.



On September 21, 2021, the United States Department of Justice ("DOJ"), joined
by Attorneys General from six states and the District of Columbia, filed an
antitrust complaint against American Airlines Group Inc. ("American") and
JetBlue Airways Corporation ("JetBlue") alleging that American and JetBlue
violated U.S. antitrust laws in connection with the previously disclosed
Northeast Alliance ("NEA") arrangement.
American believes the complaint is without merit and will defend itself
vigorously.
Also on September 21, 2021, the United States Department of Transportation
("DOT") published a Clarification Notice relating to the agreement that had been
reached between the DOT, American, and JetBlue in January 2021, at the
conclusion of DOT's review of the Northeast Alliance ("DOT Agreement"). The DOT
Clarification Notice stated, among other things, that the DOT Agreement remains
in force during the pendency of the DOJ action and, while the DOT retains
independent statutory authority to prohibit unfair methods of competition in air
transportation, the DOT intends to defer to DOJ to resolve the antitrust
concerns that DOJ has identified with respect to the NEA. DOT simultaneously
published a Notice Staying Proceeding in relation to a complaint by Spirit
Airlines, Inc. regarding the NEA, pending resolution of the DOJ action described
above.

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© Edgar Online, source Glimpses

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