If American Airlines and US Airways want the Department of Justice to drop its antitrust lawsuit opposing the carriers' $11 billion merger, the airlines will have to agree to a few concessions, according to Attorney General Eric Holder.
Holder said Monday if the two carriers want to merge, the airlines need to divest slots at domestic airports. Holder added that Justice and the carriers have been talking through the issue, but declined to elaborate on the specifics of any concession plan.
“I’m not going to go into any detail with regard to the discussions that we are engaging in, but I will say that … they are ongoing,” he said during a press conference. “But what we have tried to focus on is to make sure that any resolution in this case necessarily included divestitures of facilities at key constrained airports throughout the United States.”
The antitrust trial is scheduled to begin on Nov. 25.
“We’ll see what the conversations that we have with the other parties bring,” he said. “But we will not agree to something that does not fundamentally resolve the concerns that were expressed in the complaint and do not substantially bring relieve to consumers.”