Delta (DAL), US Airways (LCC) Close LaGuardia, Reagan National Rights Deal
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Delta Air Lines (NYSE: DAL) and US Airways (NYSE: LCC) today announced the closing of their agreement to transfer takeoff and landing rights at New York's LaGuardia and Washington D.C.'s Reagan National airports.
The agreement was approved on Oct. 10, 2011, by the U.S. Department of Transportation, which concluded that the transaction is in the public interest because of the service benefits and efficiencies that would result in both New York and Washington, D.C.
The agreement was approved on Oct. 10, 2011, by the U.S. Department of Transportation, which concluded that the transaction is in the public interest because of the service benefits and efficiencies that would result in both New York and Washington, D.C.
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