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Home/ AISB IB Economics 2015/ Contents contributed and discussions participated by Purush Cadambi

Contents contributed and discussions participated by Purush Cadambi

Purush Cadambi

BBC News - American Airlines and US Airways merger finalised - 1 views

  • The new airline, which will be known as American Airlines, will provide nearly 6,700 daily flights to more than 330 destinations in more than 50 countries.
  • It will have a combined workforce of over 100,000 employees.
  • Those slots were intended for low-cost carriers such as JetBlue and Southwest Airlines, in order to keep prices low for consumers who might be hurt by the increasing consolidation in the US airline industry.
  • ...1 more annotation...
  • "The public, as well as investors, will benefit from a financially strong industry which can now invest to keep its product updated and in international markets competitive with foreign carriers."
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