Tuesday, April 19, 2005

WSJ.com - US Airways Talks To America West About a Merger

WSJ.com - US Airways Talks To America West About a Merger

USAir has continued to wiggle through bankruptcy court. It has made deals with regional airlines for financing. Now it is in talks to merge with America West. It makes sense to me. The industry needs consolidation. Costs have been cut but capacity needs to be reduced. The moves by Continental to move assets to foreign destinations is a rational move. Slowly but surely the industry is going to fix itself. Increasing business and consumer travel will help.

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