NEW YORK ( The Deal) -- Hours after the Department of Justice's surprise announcement on Tuesday, Aug. 13, that it filed suit to block the planned $11 billion merger of US Airways Group (LCC) and AMR Corp. (AAMRQ), the airlines pledged to fight vigorously to win approval. Investors and creditors of the two companies had better hope they succeed.The DOJ, in arguing against a merger that would create the world's largest air carrier, included numerous quotes from executives at the two companies from prior to the deal's announcement saying that both airlines would be fine without a deal. But analysts say that while it is true that neither airline would be in immediate jeopardy absent a merger, neither is well positioned to compete over the long term on their own.
The Deal: Stormy Skies Ahead for American, US Airways
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