A federal judge on Friday approved the November settlement between the U.S. government and the airlines that merged to form American Airlines Group, the world's biggest carrier.U.S. District Judge Colleen Kollar-Kotelly said the settlement, which required American to sell takeoff and landing rights at airports in the New York and Washington areas and airport gates in five other cities, was "within the reaches of the public interest." She said a hearing was not needed.In Washington, the Justice Department's Antitrust Division welcomed the decision."We're pleased that the court agreed that the department's remedy will enhance system-wide competition in the airline industry," head of the Antitrust Division William Baer said in a statement. "History has shown that when low cost carriers have entered the market, consumers benefit."
Anglo American plc (Anglo American) is a mining company. Shares of AAL fell by 3.38% or $-1.26/share to $36.00. In the past year, the shares have traded as low as $15.28 and as high as $39.88. On average, 11247900 shares of AAL exchange hands on a given day and today's volume is recorded at 9576404.
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