VENTURE CAPITAL POST

US District Judge Colleen Kollar-Kotelly said she wanted the trial against American Airlines and US Airways to be held before the US Justice Department's proposed March 3 date.

A document released on Wednesday discussed that the US Justice Department was open to settle the antitrust lawsuit it filed against US Airways(UA) and American Airlines (AA).

American Airlines said that the scheduled March trial for antitrust issues would put its planned merger with US Airways Group at risk.

U.S. Justice Department asked a federal court to set trial date on March 3 to hear arguments on whether it should halt a planned merger between US Airways and American Airlines.

The AMR-US Airways merger could be blocked by Federal regulators which had made JetBlue Airways the next target once the US Department of Justices succeeds in derailing the deal.

US anti-trust regulators filed a lawsuit against US Airways and American Airlines' USD11 billion merger saying that the deal would only result to higher air fares, service reduction and a strangled competition in the industry.

US Airways and American Airlines promised to fight the antitrust lawsuit filed by the US Department of Justice, of which halted the airline companies' USD 11 billion merger.

Sources told Reuters if the government's anti-trust case against the AMR-US Airways merger prospers, AMR would have to go back to the drawing board and investors would suffer.

The American Airlines and US Airways US$1 billion merger is set to be finalized before the end of August 2013.

American Airlines and US Airways gave concessions to EU antitrust regulators to get their authorization over a planned merger.

Shareholders for US Airways approved the merger for American Airlines

US Airways and American Airlines took a step closer to merger.

The US Justice Department investigated the planned merger of American Airlines and US Airways, a deal which is expected to be completed by end of September.

Shares of aircraft WiFi provider plummets.

Two US legislators urge the Obama administration to carefully review the American-US Airways Deal as flight prices might go up or customer service might deteriorate.