Airline mergers benefit industry through stability, experts say

02/11/2013 | Wall Street Journal, The

Recent airline mergers in the U.S. have benefited customers and the industry by increasing stability, experts say. "Taking structural costs and inefficiencies out of the system is what excites people about consolidation," said John Thomas, head of the global aviation practice at L.E.K. Consulting. "Large carriers can weather the storm so much better than small carriers."

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