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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Armour Grp | LSE:AMR | London | Ordinary Share | GB0000496611 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
British Airways PLC (BAY.LN) confirmed Monday the airline, along with other members of the oneworld alliance, have filed further information to the Department of Transportation regarding its antitrust immunity application.
British Airways, AMR's Corp (AMR) American Airlines,Iberia Lineas Aereas de Espana SA (IBLA.MC), Finnair OYJ (FIA1S.HE) and Royal Jordanian filed their response March 13 after the DOT requested further information in mid-December.
The antitrust immunity status would bypass monopoly laws in the U.S., allowing BA, American and Iberia to work together on scheduling and pricing. The planned tie-up would also be a revenue-sharing deal.
The U.K. airline has said it hopes to secure approval by September or October. It would target benefits from the planned cooperation by 2010 if it wins approval.
When the DOT rules the application is "substantially complete," it has six months to make a ruling.
Company Web site: www.britishairways.com
www.aa.com www.iberia.com
-By Kaveri Niththyananthan, Dow Jones Newswires; 4420 7842 9299; kaveri.niththyananthan@dowjones.com
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