US Airways' aggressive attempt to acquire Delta Air Lines, which fizzled earlier this year when DL's creditors refused to endorse the takeover, might have sparked a consolidation frenzy that could have reshaped the world's largest air transport market.
If the merger actually had gone through, it's unlikely the US's other four legacy carriersUnited Airlines, American Airlines, Northwest Airlines and Continental Airlinescould have afforded to stand pat.
US Airways' aggressive attempt to acquire Delta Air Lines, which fizzled earlier this year when DL's creditors refused to endorse the takeover, might have sparked a consolidation frenzy that could have reshaped the world's largest air transport market. If the merger actually had gone through, it's unlikely the US's other four legacy carriersUnited Airlines, American Airlines, Northwest Airlines and Continental Airlinescould have afforded to stand pat. A scenario in which the Big Six became ...
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