‘New’ American Likely To Launch In Mid-December
By Jens Flottau, Susanna Ray, Darren Shannon
Source: Aviation Week & Space Technology
The aviation world has witnessed two astonishing weeks that are certain to change the industry: Middle Eastern carriers announced orders for 361 widebody aircraft in a single day, and following an out-of-court settlement between US Airways, American Airlines and the U.S. Justice Department (DOJ), the world's biggest airline is about to be created, likely before the end of the year.
The two events have little—if anything—to do with each other. But the strong growth of the Persian Gulf carriers may well have an impact on whether or not consolidation will continue among U.S. carriers,or even with foreign airlines. The competitive pressure may be such that if an airline does not have the money for record-breaking aircraft orders to achieve organic growth, management has to find other ways to keep up.