"When the inevitable forces of consolidation kick in, it is
equally important that we have a competitive cost structure.
Otherwise, we will be the awkward teenager at the school dance,
hoping someone will come talk to us, but going home disappointed
and lonely."
Source: US Airways CEO David Siegel, speaking to a
meeting of the Potomac Officer's Club in Washington (DC) last week.
Siegel, whose own airline recently emerged from Chapter 11
bankruptcy, predicts a wave of airline mergers to come -- one that
will leave only three or four major carriers standing. He predicts
a horde of low-cost carriers will compete for no-frills travel
along short-haul and shuttle routes and hints that he's positioning
his company to be in the best possible position when the takeovers
b
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