Consolidation is no “silver bullet” for what ails the airline industry, but mergers are inevitable and the business would benefit from a smaller number of carriers, the chief executive of American Air
Consolidation is no “silver bullet” for what ails the airline industry, but mergers are inevitable and the business would benefit from a smaller number of carriers, the chief executive of American Airlines parent AMR Corp said on Thursday.
Speaking at a media event in Los Angeles, Gerard Arpey declined to comment directly on news reports this week that United Airlines parent UAL Corp and US Airways Group are in merger talks.
US Airways reports record August load factor
eturbonews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eturbonews.com Daily Mail and Mail on Sunday newspapers.
American Airlines Group reports net loss of 1 3 bln USD in Q1 - World News
sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.