Book Description:
Airline mergers do not always go as planned and/or realize their stated goals. The stockholders, employees, customers, and served communities often have competing interests in the merger process. Some stakeholders may support a merger at the outset of discussions, but change their mind over time. This book explores the impacts and issues of a United-Continental merger from a congressional perspective. Several major issues associated with the merger are discussed, including its potential effect on airfares, its effect on routes and services, whether employment is likely to increase or decrease, whether existing United-Continental airport hubs will retain their status in the future, how the United-Continental merger will affect further consolidation in the U.S. airline industry, and whether the merger will have a significant impact on industry profitability. (Imprint: Nova)

We’ve partnered with Copyright Clearance Center to make it easy for you to request permissions to reuse Nova content.
For more information, click here or click the "Get Permission" button below to link directly to this book on Copyright Clearance Center's website.

Table of Contents:
Preface

Airline Industry Mergers: Issues of Congressional Interest;pp. 1-13
(John W. Fishcer, Michaela D. Platzer)

Airline Mergers: Issues Raised by the Proposed Merger of United and Continental Airlines;pp.15-31
(Statement of Susan Fleming, Director, Physical Infrastructure Issues, (GAO))

Statement of Susan L. Kurland, Assistant Secretary for Aviation & International Affairs, U.S. Department of Transportation, before the Committee on Commerce, Science & Transportation, Hearing on "The Financial State of the Airline Industry and the Implications of Consolidation";pp.33-36

Joint Statement of Glenn F. Tilton, Chairman, President and CEO, UAL Corp., and Jeffery Smisek, Chairman, President and CEO, Continental Airlines, Inc., before the Committee on Commerce, Science & Transportation, Hearing on "The Financial State of the Airline Industry and the Implications of Consolidation";pp.37-45

Testimony of Robert Roach, Jr., General Vice President, before the Committee on Commerce, Science & Transportation, Hearing on "The Financial State of the Airline Industry and the Implications of Consolidation;pp.47-55

Testimony of Charles Leocha, Director, Consumer Travel Alliance, before the Committee on Commerce, Science & Transportation, Hearing on "The Financial State of the Airline Industry and the Implications of Consolidation";pp.57-63

Testimony of Daniel McKenzie of Hudson Securities, before the Committee on Commerce, Science & Transportation, Hearing on "The Financial State of the Airline Industry and the Implications of Consolidation";pp.65-66

Commercial Aviation: Airline Industry Contraction Due to Volatile Fuel Prices and Falling Demand Affecting Airports, Passengers, and Federal Government Revenues;pp. 67-103
(GAO)

Airline Industry: Potential Mergers and Acquisitions Driven by Financial and Competitive Pressures;pp. pp.105-141
(GAO)

Chapter Sources pp.143-144

Index pp.145-150