Exact(6)
Will all this lead to a new wave of airline consolidation?
The Federal government permitted a wave of airline deals in the 1980's, although more recently it has been tougher, particularly on joint ventures.
The absurd wording means we now face the unpalatable choice of either seeing summer holiday plans being hit by a wave of airline bankruptcies, or using taxpayers money to pay these huge compensations claims".
The wave of airline job cuts has increased pressure on Congress to provide extended unemployment insurance to airline workers who lose their jobs and to have the federal government reimburse them for 18 months of health insurance coverage.
In a statement, the Competition Commission in Britain said it had concluded that Ryanair's shareholding had been a significant obstacle to Aer Lingus's ability to merge or form partnerships with other airlines, limiting Aer Lingus's strategic options as it seeks to remain competitive during a recent wave of airline consolidation in Europe.
Even in the last 20 years, a period of deregulation of the industry, the wave of airline bankruptcies in the early and mid-80's, periods of mergers and various economic cycles, the law, not perfectly but on balance, has served well.
Similar(52)
In recent months, a wave of airlines, including JetBlue, Atlantic Coast Airlines and others, have announced plans to purchase more planes, which could bring back the capacity that was wiped out over the last year.
Earlier fears of a wave of new airline bankruptcies during the winter low season have subsided, thanks to the industry's collective cash reserves of about $38 billion — most of that built up through aircraft sales and leasebacks as well as borrowings from international capital markets.
Earlier fears of a wave of new airline bankruptcies during the winter low season have subsided, thanks to the industry's collective cash reserves of around $38 billion — most of that built up through aircraft sales and leasebacks as well as borrowings from international capital markets.
The first wave of private airlines had simply tried to provide a better option to the slow, dirty, run-down train network.
Much of the strength in the region was the result of growing economic ties to the fast-growing economies of Asia, the association said, as well as a recent wave of cross-border airline mergers that have given carriers greater flexibility and economies of scale.
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