In the Math of Mergers, Airlines Fail
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Another lesson in two may not be greater than one.
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DETROIT _ Northwest Airlines wants to hire a consultant that specializes in mergers.  The move adds to speculation that the carrier could merge with another airline before it emerges from bankruptcy protection. Last month, US Airways said it wants to merge with Delta Air Lines.
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The best may be to come, as some of the biggest airlines flirt with mergers that could permit them to cut costs and raise fares even further.
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Airlines are famous for cutting and raising fares immediately after their competitors take such actions. Now, it seems, theyâre applying the same strategy to cost reductions.
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Business models with too much in common with the airlines are likely to end up in the same situation.
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As mergers surge, which deals will work out?
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Priceline and Northwest Airlines split for good, and the Street yawns.
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China Eastern Airlines  (0670.HK) shareholders rejected a deal to sell a 24 percent  stake to Singapore Airlines  for US$920 million,  opening the door for bigger rival Air China (0753.HK) to make a  play for the country's third-largest carrier.
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The low-cost carrier reverses course, and results fly in the face of expectations.
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As the carrier struggles to survive a second bankruptcy filing, analysts say its operations would be of scant value to other airlines if it were forced out of business.
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A broad-based fare increase, initiated last week by Delta Air Lines Inc.  and matched by U.S. rivals, has unraveled, prompting experts to say on Monday that the chances for further fare hikes are fading.
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NEW YORK -- As larger US airlines suffer growing losses, low-cost carriers, previously thought to be invincible, are not far behind, industry experts say, due to soaring jet fuel prices, low air fares, and more competition.
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Australian travel retailer Flight  Center Ltd.  said its planned A$1.62 billion ($1.28  billion) management buy-out did not receive shareholder  approval at a meeting on Wednesday.
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United Airlines ran a summer quarter net loss of $274 million on an operating loss of $80 million. Revenues were 7 percent higher than summer of last year but jet fuel costs were up 60 percent.
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Our position is: ATA was caught in forces that are pounding the entire airline industry. Indianapolis-based ATA Airlines, which declared bankruptcy Tuesday, was caught in a convergence of business forces that
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Qantas Airways Ltd.&#39;s proposed alliance with Air New Zealand Ltd. was rejected by New Zealand&#39;s High Court, the latest blow in the carriers&#39; two-year attempt to team up to cut costs
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Australian travel retailer Flight Center Ltd.  said its planned A$1.62 billion ($1.28 billion) management buy-out did not receive shareholder approval at a meeting on Wednesday.