Business Services Industry
Consolidation of global airline industry takes off.
Australasian Business Intelligence, December, 2006
Byline: Robert Guy
Dec 14, 2006 (The Australian Financial Review - ABIX via COMTEX) -- UAL chief financial officer, Jake Brace, recently commented on the prospect of consolidation in the US airline sector. His comments followed US Airways' announcement of a takeover bid for Delta Air Lines. UAL subsidiary, United Airlines, has made its own offer of a potential "corporate marriage" with Continental Airlines. The US airline industry is currently fragmented, having suffered collective losses of approximately $US40 billion between 2001 and 2005. Calyon Securities analyst, Ray Neidl, says the sector is now primed for consolidation.
Publication Date: 15 December 2006
QANTAS AIRWAYS LIMITED - ASX QAN
UNITED AIR LINES INCORPORATED...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by the Premiere Rewards Gold Card from American Express