U.S. Transportation Secretary Ray LaHood has not reached any conclusions on the proposed United-Continental merger but says he is not too concerned about airline consolidation. In comments during a news briefing May 25, LaHood said he believes airlines view the need for global alliances and mergers as “in part survival and in part the bottom line.” And he did not seem to mind. “There are still enough niche airlines providing service to people,” he said, citing the FAA's slot ...
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