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Parker also left himself some wiggle room
-- service could be cut back "because of market conditions" or an increase in jet fuel prices. But that would be true even without a merger, he added. Together American and US Airways would control a majority of takeoff and landing slots at Washington's Reagan National Airport, the hometown airport for members of Congress. Parker said, however, that the airlines should not be forced to give up any of those slots. If they are, he said, they'll have to drop service from Washington to some other cities. Parker was joined at the hearing by Tom Horton, CEO of American Airlines parent AMR Corp. American, the nation's third-biggest airline, and US Airways, the fifth-biggest, announced their proposed merger last month. The combined company would keep the American Airlines name and Fort Worth, Texas, headquarters. The deal is subject to approval by the Justice Department, the judge overseeing AMR's bankruptcy case, and shareholders of both companies.
[Associated
Press;
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