Independent journal on economy and transport policy
01:20 GMT+2
Airlines fly into mergers
(South China Morning Post)
June 27, 2000
(posted June 23)
Sheel Kohli
The forces of consolidation are about to hit the global airline industry. Rising jet fuel costs and the increasing need to maximise profits by capturing market share means a period of furious mergers and acquisition activity looks inevitable, according to analysts.
British Airways (BA) and the Dutch carrier KLM have confirmed they are in merger ...... Read more on South China Morning Post
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