4/14/08

Then there were three, then there were....

update on: new-order-of-airlines

Delta and Northwest agree to merge: source

NEW YORK (CNNMoney.com) -- Delta Air Lines announced a long-speculated deal to acquire Northwest Airlines for about $3.1 billion Monday, a combination that will create the world's largest airline and could lead to a series of other deals to reshape the U.S. airline industry.

"The deal could lead to less competition and higher fares on some routes where the two carriers now compete."

"The greater impact on competition and fares could come if other major carriers follow suit and negotiate their own deals in response. Some experts have suggested that several deals could eventually leave three mega-carriers handling about 80% of the nation's air traffic."

"The governing body of the Air Line Pilots Association, which represents Delta's pilots said it unanimously approved the deal and will present it to the full membership for ratification."

"We said we would only enter into a consolidation transaction if it was right for all of our constituencies," Anderson said in a statement. "Delta and Northwest are a perfect fit."
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and "hand in glove":

Northwest-Delta deal shifts focus to Continental: source

Delta and Northwest airlines announced a merger Monday night, altering the face of the industry and leaving Houston's Continental Airlines with a tough choice.

Many analysts believe Continental-United would be the next logical pairing.

"American is like the last one at the dance," said Anthony Sabino, professor of law and business at St. John's University. "They might hook up with a smaller carrier."
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A one world 'consolidated airline system' for the one world global management system? Absolutely! And it has to start somewhere....in fact, you're watching that happen now.

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