ADVFN - Advanced Financial Network.
HOME» NYSE » U » LCC Stock Price » LCC Stock News

Us Airways Share News

 Us Airways Grp. (new) Stock Price
LCC Stock Price
 Us Airways Grp. (new) Stock Chart
LCC Stock Chart
 Us Airways Grp. (new) Stock News
LCC Stock News
 Us Airways Grp. (new) Company Information
LCC Company Information
 Us Airways Grp. (new) Stock Trades
LCC Stock Trades

Travelport Seeks Dismissal Of American Airlines' Antitrust Suit

By Doug Cameron Of DOW JONES NEWSWIRES Travelport on Wednesday accused American Airlines of "bullying" tactics as the travel-services group sought the dismissal of an antitrust lawsuit brought by the third-largest U.S. carrier. American Airlines' parent AMR Corp. (AMR) has been at the forefront of efforts to shake up the way airline tickets and other services are sold, battling Travelport--which owns three global distribution systems platforms and online ticket seller Orbitz Worldwide Inc. (OWW)--as well as Expedia Inc. (EXPE). Travelport said in a brief filed in a Texas court that American's move was an "opportunistic" effort to give it leverage in ongoing contract renewal talks, and also called for the case to be transferred to Chicago if not dismissed. The ticket distribution spat has caught the attention of U.S. antitrust regulators, which have launched a probe into alleged anticompetitive practices involving the intermediaries, known as GDS. GDS leaders such as Sabre Holdings Corp. and Travelport provide travel agents with airline fares and schedules and form a crucial link with premium corporate customers. US Airways Group Inc. (LCC) is suing Sabre over alleged antitrust violations. Travel agents still account for two-thirds of U.S. airline ticket sales and dominate the market for high-margin corporate accounts prized by carriers. The agents are fed prices and schedules by the GDS operators rather than the airlines, and receive a fee for each booking. Some airlines want to circumvent this process by dealing directly with agents, partly to cut costs and also to segment their customer base and offer additional services. The GDS operators contend this will reduce customer choice. American's focus has been on Travelport, suing the company in April for damages and seeking a permanent injunction against alleged anticompetitive practices. It has announced a preliminary settlement to end a dispute with Expedia. -By Doug Cameron, Dow Jones Newswires; 312-750-4135; doug.cameron@dowjones.com

Stock News for Us Airways (LCC)
DateTimeHeadline
11/27/201311:30:08Judge Approves AMR, US Air Settlement
11/25/201315:30:26Judge to Rule Soon on DOJ Deal with AMR, US Air
11/15/201309:10:30Caxton Associates LP 3Q 13F: Largest Eliminations
11/15/201309:10:28Caxton Associates LP 3Q 13F: Holdings As Of Sep 30 -2-
11/15/201309:10:27Caxton Associates LP 3Q 13F: Holdings As Of Sep 30
11/15/201309:01:33HBK Investments LP 3Q 13F: Holdings As Of Sep 30
11/15/201309:01:33HBK Investments LP 3Q 13F: Holdings As Of Sep 30 -2-
11/15/201306:57:25Millennium Management 3Q 13F: Largest Eliminations
11/15/201306:57:17Millennium Management 3Q 13F: Largest Purchases
11/15/201306:57:17Millennium Management 3Q 13F: Largest Sales
11/15/201306:57:17Millennium Management 3Q 13F: Largest Eliminations -2-
11/14/201307:19:32The Vanguard Group 3Q 13F: Largest Purchases
11/14/201307:19:32The Vanguard Group 3Q 13F: Largest Purchases -2-
11/13/201315:50:04Delta Aims to Bid for Airport Slots
10/23/201309:20:14US Airways Profit Down 12%
10/18/201313:21:13Jobs Report, Apple Event, Fed Reserve Meeting -- Week Ahead
10/17/201310:30:14AMR Swings to 3rd-Quarter Profit
10/16/201312:55:01Judge Approves American's $785 Million Aircraft Financing Pact
10/04/201314:50:11US Air CEO 'Highly Confident' Merger Will Close
10/01/201310:00:11Justice Dept. Seeks Stay of US Air-AMR Case

Us Airways and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad