In Europe, British Airways and Iberia from Spain have signed an agreement to combine forces. The new alliance will become the second largest carrier on the continent, after KLM-Air France and Lufthansa, and cater to 58 million passengers.
In America, United Airlines and US Airways are discussing possibilities to merge. The new airline would be one of the largest in the world, and the second U.S. carrier after marketleader Delta Airlines. The two merging plans seem to indicate a new shift in global aviation towards increasing economies of scale. Underlying reasons might be the rise in kerosene prices and the worldwide economic recession.
(c) GLOCONOMY 2010
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