Originally Posted by
WEACLRS
In fact (I'm not sure about this), has there ever been a merger allowed between two top six major airlines when both were making money? The only big airline mergers I can think of have occurred when the one being acquired was deep in chapter 11 and about to go out of business (TWA, Pan Am, Eastern, USAir, etc.).
I wonder if the Delta-Western merger would fit your criteria? Neither one was in bankruptcy or even close to it, as I recall.