9/21, 11:25 PM (Source: TeleTrader)
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American Airlines: DOJ's lawsuit prevents competition

American Airlines released a statement from the company's chief executive officer Doug Parker on Tuesday, who condemned the US Department of Justice's "misguided lawsuit" and explained that the carrier's partnership with JetBlue increases competition in the Northeast region.

"Before the alliance, Delta and United dominated the New York City market. The NEA [Northeast Alliance] has created a third, full-scale competitor in New York and is empowering more growth in Boston. Ironically, the Department of Justice's lawsuit seeks to take away consumer choice and inhibit competition, not encourage it," Parker wrote.

Earlier, Justice Department filed a lawsuit to block a partnership formed by American Airlines and JetBlue, claiming that it will reduce competition and lead to higher fares, fewer choices, and lower quality service if allowed to continue.

Breaking the News / LH