Senate Hearing, Jan. 24th

Senate to review US Airways bid


US Airways' hostile bid for Delta Air Lines moves into the political realm this week when a U.S. Senate panel explores the potential effect of industry consolidation on fares, air service and jobs.

US Airways CEO Doug Parker and Delta CEO Gerald Grinstein will testify at Wednesday's hearing before the Senate Committee on Commerce, Science and Transportation, chaired by Sen. Daniel K. Inouye, D-Hawai'i.

Federal regulators, consumer advocates and economists are also on the witness list.

The deal would create the nation's largest domestic carrier. Delta, already the United States' third-biggest carrier, wants to remain independent.

Link to Senate Hearings.