Confirmed: Texas Pulling Out of Lawsuit Against American Airlines-US Airways Merger

Terry Maxon has confirmation Texas is pulling out of the American Airlines-US Airways lawsuit. Terry usually has his finger on the pulse of all things American Airlines, so it doesn’t surprise me he has this prior to the presser coming up in about 40 minutes.  What does this mean for the merger? Well, it’s a positive, though not a huge one.  There are still a half dozen states party to the lawsuit along with DOJ.  The move is likely more about optics at this point than any substantive progress, since […]