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Deutsche Lufthansa AG, the German airline that acquired three European carriers last year, said industry mergers combining partners from different parts of the world will rise as companies seek higher
In 2008, American Airlines was the largest airline in the U.S.
ATLANTA - Delta CEO Richard Anderson said it has become harder to complete an airline merger.
Flight attendants, represented by the Association of Flight Attendants-CWA, AFL-CIO (AFA-CWA) at United Airlines, are pressing the DOT to ensure American jobs are protected when considering the anti-t
The airline industry continues to generate headline news; the 2008 World Travel Market Airline Program will explore the burning issues in a series of thought-provoking seminar sessions.
Air New Qantas? Singapore Virgin? Air Tiger X? The idea of super carriers ruling the skies has been talked about almost as long as airlines have been around.
Throughout the current debate about the future of the airline industry there has been one constant refrain: the airlines must cut capacity. Some analysts say the industry needs to cut so much capacity, in fact, that the only way to do it by combining two or more airlines in a merger. United is playing along: it is getting rid of 100 mainline aircraft, including all of its 737s.
Among the assets US Airways would bring to a merger is one that its potential partner totally lacks - an aircraft order.If United were to merge with US Airways, it would gain access to an order for 92 narrowbody and widebody Airbus aircraft, with a list price around $10 billion, making the France-based airplane maker a likely winner if the two carriers successfully complete a deal.
TEMPE, Ariz. — Few, if any, CEOs have been bigger boosters of airline consolidation than US Airways chief Doug Parker. But Parker wonders if Delta Air Lines and Northwest Airlines apparent combination plans will work, especially if the carriers wait for pilots to first agree who gets seniority."It's going to be extremely hard to get that done anytime soon," Parker said.He should know.
Merger talks between Delta Air Lines and Northwest Airlines have been held up for a couple of weeks while pilots at each carrier discuss how to combine their union seniority lists.How long can such a procedural matter take to resolve? If the last big airline merger is any guide, the answer is 28 months. And counting.
NEW YORK - The union that represents baggage handlers and ticket agents at Northwest and other airlines says it will oppose any merger.The International Association of Machinists says airline mergers hurt workers and passengers. The union also represents workers at United Airlines, Alaska Airlines, and other carriers.
Boston area air travelers could be in for some turbulence if the airline industry experiences a wave of consolidations, which appears inevitable.Delta and Northwest airlines - both of which fly in and out of Boston’s Logan International Airport - could announce as early as tomorrow that they’re merging to create the nation’s largest airline, according to published reports.
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.
JetBlue Airways Corp. chief executive officer Dave Barger said airline mergers would benefit JetBlue and other U.S. carriers by limiting capacity."Consolidation would be very good for the industry," Barger said Friday in a Bloomberg Television interview. "There's still too many airline seats chasing the demand."
The Delta-Northwest combination inching toward completion would create a new world leader, leapfrogging American Airlines and the Air France-KLM tandem in passenger traffic, but would also likely trigger a chain reaction of other deals, with unknown consequences for travelers.
The Democratic chairman of a key House committee pledged a vigorous effort to slow or stop, if possible, a proposed merger between Delta Air Lines Inc. (DAL) and rival carriers Northwest Airlines Corp. (NWA) and United Airlines.
The theory at places like Delta is that airline mergers build stronger companies more likely to weather economic downturns. That does not take into account that a combination with a company like Northwest may actually allow for few costs. Also, poor customer service, which is often part of mergers, could drive away customers.