TAKE YOUR CAREER TO THE NEXT LEVEL... - Travel Daily Media
TAKE YOUR CAREER TO THE NEXT LEVEL... - Travel Daily Media
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TRAVEL DAILY INDIA TRAVEL DAILY UK TRAVEL DAILY ME CRUISE NEWS UK<br />
www.traveldailymedia.com/asia<br />
14 Aug 2013 ▶ P 1<br />
BANGKOK BED BOOM<br />
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continues to see double-digit<br />
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ead the guid<br />
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Legal challenge blocks<br />
American Airlines merger<br />
US Department of Justice claims tie-up would be bad for consumers...<br />
The planned merger between<br />
American Airlines and US<br />
Airways has been challenged<br />
by the US Department of Justice<br />
(DOJ).<br />
The government unit, along with<br />
six US states and the District of<br />
Columbia, has fi led a lawsuit aimed<br />
at preventing the deal, saying the<br />
merger would lead to "higher fares,<br />
higher fees and... less service" for<br />
the American consumer.<br />
Texas-based American and<br />
Arizona-based US Airways are<br />
planning to form the world's biggest<br />
airline group, operating more than<br />
6,700 daily fl ights and carrying an<br />
estimated 190 million passengers<br />
per year. But this, according to<br />
the DOJ, would be unfair on the<br />
customer, leaving the US with just<br />
three main carriers, following the<br />
recent mergers of Delta and United<br />
with Northwest and Continental<br />
respectively.<br />
"If this merger were to go<br />
forward, consumers will lose the<br />
benefi t of head-to-head competition<br />
between US Airways and American<br />
on thousands of airline routes<br />
across the country – in cities big and<br />
small," the DOJ said. "They will pay<br />
more for less service because the<br />
remaining three legacy carriers –<br />
United, Delta and the new American<br />
– will have very little incentive to<br />
compete on price."<br />
American and US Airways said<br />
they "intend to mount a vigorous<br />
and strong defence" to the lawsuit.<br />
"We believe that the DOJ<br />
is wrong in its assessment of<br />
our merger. Integrating the<br />
complementary networks of<br />
American and US Airways to benefi t<br />
passengers is the motivation for<br />
US businessman unveils supersonic<br />
'Hyperloop'<br />
businessman in the US has<br />
A unveiled plans for a new<br />
method of supersonic transport,<br />
the Hyperloop. The brainchild<br />
of Elon Musk, CEO of Tesla<br />
Motors and Space Exploration<br />
Technologies, the Hyperloop would<br />
transport passengers at speeds<br />
of up to 1,300kph inside a pair of<br />
tubes. Reported by Bloomberg<br />
Businessweek, the tubes would<br />
appear like a "double-barrelled<br />
shotgun", mounted on columns and<br />
running side-by-side for most of<br />
the journey before looping at either<br />
end. Passengers would be carried<br />
in pods within the tubes. Designed<br />
to connect cities less than 1,000<br />
miles (1,609km) apart, Musk said<br />
the Hyperloop would be suitable for<br />
routes such as Los Angeles-San<br />
Francisco and New York-Boston.<br />
bringing these airlines together.<br />
Blocking this pro-competitive<br />
merger will deny customers<br />
access to a broader airline network<br />
that gives them more choices,"<br />
American said in a statement.<br />
But following this legal challenge,<br />
it is now unlikely that the merger will<br />
close in the third quarter of 2013, as<br />
initially planned. Click here for full<br />
story <br />
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Editor:<br />
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