Mergers & Acquisitions
Julia & Daniel Lopes
Corporate management
Merger
• Consolidation
Acquisition
• Takeover
American Airlines – US Airways
“This agreement has the potential to shift the landscape of the
airline industry.” Eric Holder
Table of content
 Facts and figures
 American Airlines
 US Airways
 The merger
 Lawsuit
 US regulators’ decision
 Forecast and possible consequences
 Sources
American Airlines
Founded: 1930
Main Hub: Dallas/Fort Worth
Fleet: 616
Destination: 273
4th largest airline company
worldwide
US Airways
Founded: 1937
Main hub: Charlotte/Douglas
Fleet: 631
Destination: 198
6th largest airline company
worldwide
The Merger
•
•
•
•
•
•
The world’s larger airline company
$11bn merged entity
1’500 aircrafts
$39bn revenue
Employ 100’000
Third major US airline merger since 2008
Routes map after merging
Antitrust lawsuit
Joseph Alioto – FDC in SF
on behalf of 40 consumers
Fewer flights
Reduced service to small
cities
Lower quality of service
4 airlines controlling 90% of
domestic airline industry
US regulators
Settlement with conditions
Giving up slots to low cost
carriers in several airports
• 57 Washington DC
• 34 New York City
• 2 slots at
•
Boston
•
Chicago
•
Dallas
•
Los Angeles
•
Miami
Forecast / Consequences
Judge approval
More competition with low cost carriers
Rise of ticket prices
Finalization of American Airlines turnover
Sources

http://theboar.org/wp-content/uploads/2013/10/Image-3.jpg

http://www.tnooz.com/wp-content/uploads/2013/08/american-airlines-us-airways-merger.jpg

http://www.aa.com/i18n/aboutUs/whereWeFly/maps/world.jsp

http://www.usairways.com/en-US/routemap.html

http://netdna.webdesignerdepot.com/uploads/2013/02/american-airlines-2013-flight-symbol-1024x707.jpg

http://www.travelandtourworld.com/wp-content/uploads/2013/11/US-Airways-Logo.jpg

http://ksaz.images.worldnow.com/images/23806826_SA.jpg

http://www.newrepublic.com/article/115580/us-airways-american-merger-domestic-international-route-maps

http://3rxg9qea18zhtl6s2u8jammft.wpengine.netdna-cdn.com/wpcontent/uploads/2013/09/cD03MGVkNTVmYWU4MzZjZjg0MjhjOWE0ODNhYzY3MmU4NSZnPWQ1OTlkOGJlMjBlYjE0YzViOGY1YmVmZTNhMDJlNjJm-1280x727.jpeg

http://i2.cdn.turner.com/money/2012/04/20/news/companies/us-airways-american-airlines/american-airlines-us-airways.gi.top.jpg

http://www.vitopalmisano.com/data/photos/298_1ohare_international_airport__chicago__il.jpg