DOJ wants review of Continental alliance plan

06/18/2009 | Chicago Tribune (tiered subscription model) · CNNMoney

Attorney General Eric Holder said Wednesday he had requested more information from the Transportation Department regarding Continental Airlines' bid for a closer alliance on trans-Atlantic routes. "We did ask the Transportation Department to allow our antitrust division to have some input," Holder told a Senate panel, adding that Continental's request for antitrust immunity could still be settled in a matter of weeks. A Continental spokeswoman said the company is "confident the DOT will approve the application so we can begin bringing its benefits to consumers." Separately, the Air Transport Association urged senators to reject a House measure limiting immunity for airline alliances, arguing that such a move would cost jobs, reduce service and raise fares.

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Chicago Tribune (tiered subscription model) · CNNMoney

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