Title:

Consolidation in the U.S. Airline Industry

Price:$550.00
Publication Date:Apr 24, 2008
Report Type:Special Comment
Brief Excerpt:...The April ## merger announcement by Delt a Air Lines, Inc. and Northwest Airlines Corp. occurred at a time when four sm aller airlines had either petitioned for bankruptcy protection, or announced plans to cease operation in the near term. Despite dramatic cost cutting during rece nt bankruptcies and several years of above-average profit growth, even the ma jor network airlines are forecasting losses for #### in the face of a weakening economic environment, sustained high fuel prices, and continued consumer re sistance to fare increases that would otherwise allow the airlines to recover some of their incremental costs. There have been many discussions of conso lidation in the airline industry during the past ## years, some of which have l ed to merger attempts or even actual combinations. Nonetheless, in the cu rrent environment the Delta-Northwest merger is the first of what could be seve ral combinations of legacy airlines which have large, complex route networks and substantial...
Word Count:3975
Length:6 Pages
Format:Adobe Acrobat Adobe Acrobat
Free Sample: Click Here to Download

Enter the keyword(s) which you would like to search for within this document and click "Search"

 
Purchase Report
Price: $550.00




Moody's Global Credit Research

Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.

  about us contact us public company index private company index pcan widget your privacy rights terms & conditions