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More airline mergers a must, says Iata chiefFurther mergers among airlines are essential in order to cut costs and improve competitiveness in an industry seen sustaining combined losses of $2.8 billion this year, the head of airline industry body Iata said on Monday. "Mergers and co More… |
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US Air, United in merger talksUAL Corp's United Airlines is in merger talks with US Airways in a deal that could create the second-largest carrier in the US, two sources familiar with the matter said. The discussions, aimed at cutting costs and competing with a combine More… |
