“. . . wrote St. Paul, ‘but not all things are profitable.’ And so it is with the proposed merger of Delta Air Lines and Northwest Airlines.”
My new op-ed on the Delta-Northwest merger is up on American.com.
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“All things are lawful. . .”
April 25, 2008 by Evan Sparks
Posted in Evan's News and Quick Takes | Tagged delta, Merger Mania 2008, northwest | 2 Comments
2 Responses
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We’re still dealing with Carter’s failed deregulation of the airline industry. The legacy carriers had so much pre-deregulation baggage they are still dealing with. It’s like it would have been better to have folded and restarted anew. Fact is there are too many domestic seats going empty. Consolidation is necessary…despite what the union whiners say.
“Too many domestic seats going empty”? Although load factors are falling due to the recession, they are still at historical highs. There are far fewer empty seats than during regulation.