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CONTINENTAL AIRLINES ASKS U.S. DEPARTMENT OF TRANSPORTATION TO
REQUIRE MORE INFORMATION OF AMERICAN AIRLINES/BRITISH AIRWAYS
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Travel News Asia |
Date:
8 November 2001 |
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Continental
Airlines (NYSE: CAL) today filed a motion with the U.S. Department of
Transportation requesting that American Airlines and British Airways be
required to update and expand their submissions requesting approval for
antitrust immunity.
The global aviation marketplace changed dramatically on Sept. 11, and
important decisions about the future of the world's largest
international market need to be considered using the most relevant data.
Yet no new information has been supplied by applicants American and
British Airways that reflects the current state of the industry.
Furthermore, information previously supplied by American and British
Airways is incomplete, and their request should not be considered
without additional data.
"The record in this proceeding lacks information critical to evaluation
of the American/British Airways alliance and it must be supplemented,"
the Continental motion states.
Yesterday Continental President Larry Kellner testified against the
American Airlines/British Airways combination before a Senate
subcommittee.
Kellner testified that "the proposed American Airlines/British Airways
antitrust immunized alliance is the wrong deal at the wrong time"
because it will result in the two airlines having a competitive
stranglehold on the most important international routes in the world.
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