The Airline Mergers and Their Effect on American Consumers

The Airline Mergers and Their Effect on American Consumers

Author: Cliff Stearns

Publisher:

Published: 2003-06-01

Total Pages: 153

ISBN-13: 9780756724221

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Witnesses: James E. Clyburn, a Rep. in Congress from the State of South Carolina, for the Congressional Black Caucus; Mark N. Cooper, Dir. of Research, Consumer Federation of America; Joseph Leonard, Chmn. and CEO, AirTran Airways, Inc.; Shelley A. Longmuir, Sr. V.P., International Regulatory and Government Affairs, United Airlines; Will Ris, Sr. V.P., Government Affairs, American Airlines; Paul M. Ruden, Sr. V.P. Legal and Industry Affairs, Amer. Society of Travel Agents, Inc.; William Swelbar, Fellow, Economic Strategy Institute; Stephen M. Wolf, Chmn., US Airways Group, Inc.; and Rep. Peter A. DeFazio, Sue Wilkins Myrick, and Louise McIntosh.


The Airline Mergers and Their Effect on American Consumers - Scholar's Choice Edition

The Airline Mergers and Their Effect on American Consumers - Scholar's Choice Edition

Author: United States Congress House of Represen

Publisher:

Published: 2015-02-14

Total Pages: 160

ISBN-13: 9781296010003

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This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.


Airline Mergers: Issues Raised by the Proposed Merger of United and Continental Airlines

Airline Mergers: Issues Raised by the Proposed Merger of United and Continental Airlines

Author: Susan Fleming

Publisher: DIANE Publishing

Published: 2010-10

Total Pages: 27

ISBN-13: 1437934757

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In early May 2010, United Air Lines and Continental Airlines announced plans to merge the two airlines and signed a merger agreement. The passenger airline industry has struggled financially over the last decade, and these two airlines believe a merger will strengthen them. However, as with any proposed merger of this magnitude, this one will be carefully examined by the U.S. Dept. of Justice to determine if its potential benefits for consumers outweigh the potential negative effects. This statement describes: (1) an overview of the factors that are driving mergers in the industry; (2) the role of federal authorities in reviewing merger proposals; and (3) key issues associated with the proposed merger of United and Continental. Illustrations.


Airline Mergers

Airline Mergers

Author: U.s. Government Accountability Office

Publisher: Createspace Independent Publishing Platform

Published: 2017-08-05

Total Pages: 32

ISBN-13: 9781974261765

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" In February 2013, American and US Airways announced plans to merge the two airlines and entered into a merger agreement. Valued at $11 billion, the merged airline would retain the American name and be headquartered in Dallas-Fort Worth. This follows the mergers of United Airlines and Continental Airlines in 2010 and the acquisition of Northwest Airlines by Delta Air Lines (Delta) in 2008. This latest merger, if not challenged by DOJ, would surpass these prior mergers in scope to create the largest passenger airline in the United States. The passenger airline industry has struggled financially over the last decade and these two airlines believe a merger will strengthen them. However, as with any merger of this magnitude, this proposal will be examined by DOJ to determine if its potential benefits for consumers outweigh the potential negative effects. This testimony focuses on (1) the role of federal authorities in reviewing merger proposals, (2) key factors motivating airline mergers in recent years, and (3) the implications of merging American and US Airways. To address these objectives, GAO drew from its previous reports on the potential effects of prior airline mergers and the financial condition of the airline industry issued from July 2008 through May 2010. GAO also analyzed DOT's airline operating and financial data, airline financial documents, and airline schedule information since 2002."