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« First Quarter GDP Figures: No Recession | Main | The SEC Going the Wrong Direction on New Ratings Agency Regulations »

May 29, 2008

Airline Mergers

US Air and United will not merge. We should not weep.  Airline mergers have a terrible recent history. Most are prompted by airline desires to restructure.  A merger ought not be needed to restructure a poorly performing airline;  CEOs find the restructuring business after a merger is more expected and therefore easier or some such gibberish.   

May 29, 2008 in Mergers & Acquisitions | Permalink

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