Thu, Jun 05, 2003
Today's 'Big Six' Soon to be 'Big Four'
Speaking off the cuff at this week's IATA
convention in D.C., Delta CEO Leo Mullin (right) 'rolled a few
(virtual) hand grenades down the aisles.' He said, for instance,
that it won't be long before the US airline market, currently
dominated by six big carriers, will be dominated by just four.
Speaking of the premium airlines' hub-and-spoke systems, we're
told he said that the current number of top-end hubs (nine) is,
"...too big by at least 60 percent."
Also mentioned were his backing of federal payments for
federally-imposed "security" improvements, and more access to
foreign capital, for US firms.
When we called Delta for a transcript, we were told that Mr.
Mullin did not speak from prepared notes, so there was no
transcript; our request for an interview was denied.
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