Mergers and Acquisitions in the Airline Industry
B. Rajesh Kumar
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B. Rajesh Kumar: Institute of Management Technology
Chapter 11 in Mega Mergers and Acquisitions, 2012, pp 226-230 from Palgrave Macmillan
Abstract:
Abstract Airline industry mergers happen in line with changes in the dynamic economic conditions of the aviation industry. The nature of international aviation has changed dramatically as international markets have been gradually deregulated. Mergers are considered to be an efficient response to deregulation. Deregulation of the airline industry has also led to the rise of low-cost airlines. The airline industry is a cyclical industry. Airline mergers take place basically for financial survival and to reduce overcapacity.
Keywords: Airline Industry; British Airway; United Airline; Southwest Airline; International Aviation (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-00590-8_11
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DOI: 10.1057/9781137005908_11
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