The House’s version of the FAA reauthorization bill has been on the Senate floor for the past few weeks, but it’s currently stalled (although scheduled for a cloture vote today, May 6, which if passed would move it forward for consideration by the full Senate without more amendments or if lost would hold up the [...]
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Posted in Evan's Fiskings, tagged competition, congress, continental, delta, Merger Mania 2008, mergers, northwest, regulation, united on February 17, 2008 | No Comments »
In a BusinessWeek op-ed, House Transportation Committee chairman James Oberstar (D-Minn.) has come out firmly against airline mergers involving the big six.
Yet this latest round of rumored mergers, which includes a United-Continental scenario, as well as a Delta-Northwest combination, is significant. It would mean further consolidation in the airline industry, further reductions in choice for [...]
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As part of Merger Mania 2008, United and Continental are now in talks to merge. United has been eager to merge with someone — anyone — for a few years now, but Continental has been reluctant to do so, preferring to remain profitably independent and well-managed unless industry-wide consolidation forces its hand. There are any [...]
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