Summary Box: Airline venture should win approval
WHAT'S HAPPENING?: The Department of Transportation is proposing American Airlines get antitrust immunity to work more closely with some of its international partners. That's providing the carriers give up some of their takeoff and landing slots.
WHY?: DOT believes the airlines' plan would create competition with other international alliances, including Delta Air Lines and United Airlines.
WHY DOES THIS MATTER?: There's been a surge over the last few years of U.S. carriers seeking joint ventures with foreign carriers. Those ventures allow the airlines to share costs and revenue on certain flights regardless of which company owns or flies the aircraft. Those tie-ups could affect fares.
Sarra Sounds Off, Season 3, Ep 3: Top football teams in action, fantasy update and plays of the week Gregg Sarra sounds off on the Northport and Half Hollow Hills East matchup, plus Tess Ferguson has an update on the high school fantasy football standings and Jared Vailuzzi has the plays of the week.
Sarra Sounds Off, Season 3, Ep 3: Top football teams in action, fantasy update and plays of the week Gregg Sarra sounds off on the Northport and Half Hollow Hills East matchup, plus Tess Ferguson has an update on the high school fantasy football standings and Jared Vailuzzi has the plays of the week.
