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US Airways Bid for Delta Launches Merger Fever
Consolidation of the U.S. airline industry toward three or perhaps four network carriers, at long last, has begun. The trigger for a new round of concentration of the six largest major airlines came from an unexpected source. US Airways, still merging with partner America West, is seeking to include the U.S.'s third-biggest carrier, Delta Air Lines, itself in bankruptcy reorganization, to create the nation's largest airline.