American Airlines will halt year-round, daily nonstop service to 17 cities from Washington's Reagan National Airport as a result of the divestiture of slots required by the U.S. government for American's merger with US Airways, the company said on Wednesday.The airline, owned by American Airlines Group Inc, said it would also stop operating nonstop service from New York's LaGuardia Airport to Atlanta, Cleveland and Minneapolis, while adding new service from LaGuardia to 10 cities.American Airlines Group, formed when US Airways Group and AMR Corp merged in December, agreed to give up 52 pairs of takeoff and landing rights, or 104 slots, at Reagan National, located just outside Washington, D.C., as well as other assets under the settlement of an antitrust lawsuit by the U.S. Justice Department seeking to block the combination.The merger created the world's largest airline.
Anglo American plc (Anglo American) is a mining company. Shares of AAL fell by 0.1% or $-0.03/share to $28.84. In the past year, the shares have traded as low as $12.70 and as high as $29.83. On average, 12222600 shares of AAL exchange hands on a given day and today's volume is recorded at 11192551.
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