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Abbott Set to Reverse Field on American Airlines Merger
Statement by Matt Angle, Lone Star Project Director
“It’s pretty clear, Greg Abbott caved after receiving withering criticism for trying to kill the merger and risk thousands of Texas jobs."
“Abbott’s reversal is a result of political pressure from virtually every other Texas leader, especially Wendy Davis. It may be cagey, but his flip-flop displays weakness.”
Later today, it appears that Greg Abbott will end his efforts to kill the merger between American Airlines and US Airways. The merger is a critical part of saving American Airlines and thousands of Texas jobs.
Abbott’s decision earlier this summer to join the Obama Administration in efforts to block the merger drew intense fire from across Texas, including direct criticism from State Senator Wendy Davis, who will announce later this week whether or not she will challenge Abbott for Texas Governor.
We can expect Abbott to seek cover and cite a technical or minor change in the agreement to justify his collapse.