Names Vice President And General Manager
By
eTN
LOS ANGELES, CA (September 23, 2008) - Air China Limited has named Dr.
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Sir Richard Branson: More Airlines Become Casualties Of Rising Fuel Prices
According to Sir Richard Branson casualties of rising fuel prices could increase in the airline industry.
The Virgin Atlantic boss warned that rising costs could offset earnings, forcing small companies to merge or be forced out of business. Branson also said that oil, which is currently close to $150 a barrel could go as high as $200 a ... read more
IATA Chief Urges Airline Consolidation
GENEVA - The global airline industry is fragmented and suffers from over-capacity, the head of the industry association IATA said on Saturday, urging speedy approval of a proposed takeover of Northwest Airlines by rival Delta Air Lines.
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Airline Mergers
The normally astute (and often erudite) BusinessWeek falters a tad in analyzing the value of the coming wave of airline mergers in the United States.
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Only Way To Go?
PHOENIX — As U.S. airlines pressure each other with low fares, executives are keeping an eye on consolidation efforts as the one sure way to squeeze profits out of an industry plagued by sky high fuel costs.
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