BY JOSH MITCHELL AND KAVERI NITHTHYANANTHAN
American Airlines and British Airways PLC on Saturday received tentative approval from U.S. regulators to expand their transatlantic alliance in return for giving up some slots at London's congested Heathrow airport.
The Department of Transportation backed their decade-long quest for antitrust immunity, a move that provides the carriers' Oneworld alliance with its second boost this month after Japan Airlines Corp. opted to remain a member rather than defect to the rival SkyTeam grouping
Oneworld is the smallest of the three alliances and risked being marginalized if it lost a key Asian partner and unable to match rivals on transatlantic routes. ...
