Are More Airline Mergers Coming? | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.06.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Thu, Aug 03, 2006

Are More Airline Mergers Coming?

US Airways Approaches Delta

What a difference a year makes... with most of the airlines who were facing a wide range of issues in summer of 2005, now doing significantly better. Or, perhaps it would be more accurate to say, what a difference billions of dollars in cost-cutting efforts... a merger... and two other carriers operating under bankruptcy protection... makes.

Some believe this may just be the beginning, however, as more airlines are looking, at least unofficially, at the idea of merging their operations.

"It is a very, very strong likelihood that as we get into the early parts of 2007 ... things we have been talking about will start to come to fruition," airline consultant Dan Akins told Reuters. "Once one makes a move, I think the others will quickly follow."

Many analysts believe the two most likely candidates for a merger are the two airlines currently fighting to emerge from Chapter 11... Delta, and Northwest. Such a move could give those airlines more control over capacity issues... as well as the power to raise fares even higher, as there would be at least one less competitor fighting for travelers' dollars.

In fact, such a move may be inevitable... and Reuters reports one airline already benefitting from such a merger, US Airways, has already approached Delta on the idea about six weeks ago.

A spokesperson for US Airways CEO Doug Parker said Delta didn't exactly leap at the idea... but that US Airways is not counting out the idea yet, either.

FMI: www.usairways.com, www.delta.com, www.nwa.com

Advertisement

More News

ANN's Daily Aero-Term (05.09.24): Hold Procedure

Hold Procedure A predetermined maneuver which keeps aircraft within a specified airspace while awaiting further clearance from air traffic control. Also used during ground operatio>[...]

ANN's Daily Aero-Term (05.06.24): Altitude Readout

Altitude Readout An aircraft’s altitude, transmitted via the Mode C transponder feature, that is visually displayed in 100-foot increments on a radar scope having readout cap>[...]

ANN's Daily Aero-Linx (05.06.24)

Aero Linx: European Hang Gliding and Paragliding Union (EHPU) The general aim of the EHPU is to promote and protect hang gliding and paragliding in Europe. In order to achieve this>[...]

Airborne-NextGen 05.07.24: AI-Piloted F-16, AgEagle, 1st 2 WorldView Sats

Also: Skydio Chief, Uncle Sam Sues, Dash 7 magniX, OR UAS Accelerator US Secretary of the Air Force Frank Kendall was given a turn around the patch in the 'X-62A Variable In-flight>[...]

Aero-News: Quote of the Day (05.07.24)

"The need for innovation at speed and scale is greater than ever. The X-62A VISTA is a crucial platform in our efforts to develop, test and integrate AI, as well as to establish AI>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC