Business Services Industry
Bush Administration Clears Way for Some Airlines to Share Flights.
Knight Ridder/Tribune Business News, January, 2003
By John Schmeltzer, Chicago Tribune Knight Ridder/Tribune Business News
Jan. 18--Despite expressing "serious competitive concerns," the Bush administration Friday cleared the way for some of the nation's largest airlines to share flights on up to half their routes.
But the U.S. Department of Transportation warned that carriers not involved in the code sharing agreement "could be particularly vulnerable to the unprecedented market power" of the alliance and that many "could be weakened or cease to exist."
Yet despite that concern and the opposition of Southwest Airlines and seven regional carriers, the Transportation Department and the U.S. Department of Justice gave a green light to the alliance between Delta, Continental and...
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