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Beware of Weaknesses In US Airways' Bid for Delta
Many aviation economists believe there are too many airlines with too much capacity plying their trade in the U.S. Consumers enjoy the resulting low fares in the short run, but in the long run, everyone suffers when airlines lose money. Much of the industry's five-year financial disaster is believed to have grown out of the market paralysis to which an overcrowded field contributes. Let markets rule, with fewer airlines the likely result, these industry observers conclude.