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Events industry figures have shared price increase fears after British Airways chief executive Willie Walsh revealed hopes for further consolidation.
The consolidation of the U.S. airline industry continued Wednesday as two of the largest regional carriers announced plans to combine.
Qantas Airways Ltd. and Virgin Atlantic Airways Ltd. said they’re open to merger proposals as efforts to cut costs and boost traffic push carriers to combine.
US Airways chief executive officer Doug Parker favors more consolidation among airlines and has said his Arizona-based company wants to be part of either a merger or a strategic partnership with anoth
Consolidation in the U.S. airline industry is "inevitable," the president of the Air Line Pilots Association union said on Wednesday.
LOS ANGELES, CA (September 23, 2008) - Air China Limited has named Dr.
According to Sir Richard Branson casualties of rising fuel prices could increase in the airline industry.The Virgin Atlantic boss warned that rising costs could offset earnings, forcing small companies to merge or be forced out of business. Branson also said that oil, which is currently close to $150 a barrel could go as high as $200 a barrel in about ten years, say reports.
GENEVA - The global airline industry is fragmented and suffers from over-capacity, the head of the industry association IATA said on Saturday, urging speedy approval of a proposed takeover of Northwest Airlines by rival Delta Air Lines.
The normally astute (and often erudite) BusinessWeek falters a tad in analyzing the value of the coming wave of airline mergers in the United States.