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Old Feb 9, 10, 4:14 pm
  #3  
PWMFlyer19
 
Join Date: Feb 2009
Location: PWM, BOS
Programs: AA EXP, Marriott Plat, Accor Plat+++
Posts: 850
They basically say it will not proceed in the Delta/US Airways press release (emphasis below mine):

ATLANTA & TEMPE, Ariz., Feb 09, 2010 (BUSINESS WIRE) -- Delta Air Lines (NYSE: DAL) and US Airways (NYSE: LCC) today issued the
following statement in response to the U.S. Department of
Transportation's proposed rulemaking on the airlines' previously
announced slot transaction at New York's LaGuardia and Washington's
Reagan-National airports. In its decision, DOT said it would require the
airlines to divest 20 of the 125 slot pairs involved at New
York-LaGuardia and 14 of the 42 slot pairs at Washington-National.

"Delta and US Airways are disappointed in the DOT's decision that, if
implemented, would negatively impact the consumer and economic benefits
created by the proposed transaction by divesting 16 percent of the
transaction at New York's LaGuardia Airport and 33 percent of the
transaction at Washington-National. Chief among those benefits is the
ability for both airlines to maintain and add new nonstop service
between two of America's top business markets and small- and
medium-sized communities across the United States.

"Our goal remains to increase access for customers in small communities
to LaGuardia and Washington-Reagan National airports. We appreciate the
thousands of employees, customers and elected and community leaders who
have voiced their support for our transaction. However, we expect that
if this order is implemented as proposed the transaction will not go
forward and significant consumer benefits will never be realized.
Both
airlines will review the DOT's proposed rulemaking to determine our next
steps."

SOURCE: US Airways

Last edited by PWMFlyer19; Feb 9, 10 at 4:14 pm Reason: Missed a not...
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