National Commercial Real Estate News From CoStar Group
Facility Closures & Downsizings: American Air/USAir Merger Could Impact U.S. Airport Hubs
The proposed merger of two of the largest U.S. based carriers, American Airlines and US Airways announced this past week, would be the fourth major consolidation of domestic airlines during the past five years, according to Fitch Ratings. Based on analysis of those mergers, Fitch said the potential U.S. airport hub disruptions are possible.
Other mergers have included Delta-Northwest, United-Continental and Southwest-AirTran. In Fitch Ratings’...