DALLAS – Airports large and small may see some negative credit effects from the planned merger of American Airlines and US Airways Group, Moody’s Investors Service said Thursday, with smaller airports facing the biggest challenges.

The merger is expected to proceed after the two airlines agreed to give up a total of 104 flight slots at New York’s LaGuardia Airport and 34 slots at Washington’s Reagan National Airport in an antitrust settlement with the U.S. Justice Department announced on Tuesday.

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