Originally Posted by Timbo

The Airline CEO's have finally, after 34 years of Deregulation, figured out there is NO MONEY in competing. That's why we are seeing all the consolodation. I seriously doubt AA wants to compete with JB for JFK, they will instead buy them, flush the overlap, and voila, not have to lower their prices to 'compete' with JB. High Fives and Management Bonuses all around.

See SWA+Air Tran, DAL+NWA, and UAL+CAL for more details.

It's the inevitable result of deregulation.

But why it took the CEO's 34 years and all those bankruptcies to figure it out is beyond me.