29th Jun 2009
US Airways calls for additional industry consolidation
www.usairways.com
Over two years ago, US Airways withdrew its bid to acquire Delta Air Lines, but the carrier’s CEO, Doug Parker, is once again urging additional consolidation in the troubled airline industry. This time his target is American Airlines, according to a report in The Deal.
Parker worked for American during the
15th May 2009
BA and American alliance would strangle competition says Branson
www.virgin-atlantic.com
An alliance between British Airways and American Airlines would form a "monster monopoly," according to British entrepreneur Richard Branson.
Branson, head of the Virgin Group, which controls Virgin Atlantic Airlines, a major BA rival on the transatlantic route, said that an alliance between BA and American would strangle competition on services
25th Aug 2008
Qantas chief says eventual merger inevitable
Qantas Airways will eventually merge with another major carrier as the worldwide aviation industry continues to undergo global restructuring, said the company's CEO on Friday.
Geoff Dixon, who will be retiring from his leadership of Australia's flagship airline later this year, has commented that the tenth largest airline in the world
12th Aug 2008
BA willing to relinquish Heathrow slots to seal merger
British Airways has suggested that it would be willing to relinquish some of its take-off and landing slots at Heathrow, if necessary, in order to finalise its proposed alliance with American Airlines and Spanish carrier Iberia.
The British carrier is trying to appease anti-monopoly regulators in the US, who have expressed
9th Aug 2008
EC approves Delta acquisition of Northwest
Regulators with the European Commission announced on Wednesday that they have cleared the way for the proposed acquisition of Northwest Airlines by Delta Air Lines.
In a statement released after examination of the plan, the European Commission concluded that the proposed transaction would "not significantly impede effective competition in the European
2nd Aug 2008
BA alliance with American Airlines and Iberia promising
Despite the significant downturn in BA's first quarter profits, investors seem to be hopeful that a pending transatlantic alliance involving American Airlines, BA and Iberia of Spain would help the airline through the current financial crisis facing the airline industry.
Trading in British Airways stock was up 0.5 per cent on