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 Industry Consolidation

Airline Industry Consolidation

Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Aviation Operations, Safety, and Security

Publisher:

Published: 2014

Total Pages: 72

ISBN-13:

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International Airline Alliances : EC Competition Law/US Antitrust Law and International Air Transport

International Airline Alliances : EC Competition Law/US Antitrust Law and International Air Transport

Author: Angela Cheng-Jui Lu

Publisher: Kluwer Law International B.V.

Published: 2003-01-01

Total Pages: 448

ISBN-13: 9041119094

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This new study takes a keen look at the problems facing the international community due to conflicts arising from applications of varying competition laws by different competition authorities to international airline alliances. As a result of privatisation, deregulation, liberalisation and globalisation, international air carriers form alliances with one another in order to cope with growing competition in the international air transport market. This book clearly provides an introduction to the background to and origin of airline alliances, different models of alliances and the related anti-competitive practices resulting from existing international airline alliances. The potential anti-competitive practices resulting from these cross-border alliances trigger a great deal of concern from various competition authorities. Thus, this study goes on to provide a detailed analysis regarding the relevant EC competition law and US antitrust law and their applications to alliance activities. The comparison of different applications of EC competition law and US antitrust law to international airline alliances provides leading research results first-hand. In the conclusion, the essential elements regarding establishing a level playing field in the international air transport market are identified and the author provides possible solutions for the harmonisation of different applications of competition law to international airline alliances.


Airline Industry

Airline Industry

Author: JayEtta Z. Hecker

Publisher: DIANE Publishing

Published: 2008

Total Pages: 57

ISBN-13: 1437909337

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The airline industry generates operating revenues of $172 billion in 2007, amounting to over 1% of the U.S. gross domestic product. It carried more than 700 million passengers in 2007. Airline deregulation in 1978 led, at least in part, to increasingly volatile airline profitability, resulting in periods of significant losses and bankruptcies. In response, some airlines have proposed or are considering merging with or acquiring another airline. This report describes: (1) the financial condition of the U.S. passenger airline industry; (2) whether the industry is becoming more or less competitive; (3) why airlines seek to merge with or acquire other airlines; and (4) the role of fed. authorities in reviewing proposed airline mergers and acquisitions. Charts and tables.