Another day, another legal hurdle for the merger between Fort Worth-based American Airlines and Phoenix-based US Airways.
After a two hour hearing Monday morning in New York City, U.S. Bankruptcy Judge Sean Lane is promising a decision before Thanksgiving on whether to grant a temporary restraining order blocking the merger.
San Francisco attorney Joseph Alioto is bringing a class action lawsuit against the merger and pleaded with the court to give him more time to prepare his case before approving the merger.
“There are tens of millions of Americans being affected” Alioto told the court, saying the merger would mean fewer flights, less capacity, higher prices, more people on planes and more charges for amenities.
US Airways attorney Dan Wall urged the judge to turn down the request for a TRO, saying “what we’re getting is a lot of rhetoric divorced from substance because he doesn’t like the merger.”
Wall called Alioto’s arguments “an angry man’s speech.”
Lane took the arguments under advisement and promised a ruling in the next two days.
Ruling against the TRO would clear the last legal hurdle for the merger.