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NO FURTHER MOVES ON UNITED-US AIRWAYS MERGER

USA, Probably due to the strong opposition of the U.S. Justice Department for antitrust involvements, United Airlines and US Airways Group yesterday called off their USD$4.3 billion deal, defined one of the world's larger. As compensation, now United Airlines, will pay US Airways USD$50 million, only a fraction of the whole deal worth, but an hard moment for the carrier, hoping to became the...

AVIONEWS - World Aeronautical Press Agency - 16007
Rome, Italy, 07/30/2001 13:37
AVIONEWS - World Aeronautical Press Agency

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