For Immediate Release
Chicago, IL – September 29, 2010 – Today, Zacks Equity Research discusses the Airline, including Delta Air Lines (DAL), UAL Corp (UAUA), Continental Airlines (CAL), Southwest (LUV) and AirTran Holdings (AAI).
A synopsis of today’s Industry Outlook is presented below. The full article can be read at http://www.zacks.com/stock/news/40771/Airline+Industry+Outlook+-+Sept.+2010
Delta Air Lines’ (DAL) acquisition of Northwest Airlines in 2008 has proved to be fruitful. The merger catapulted Delta to the position of the largest airline in the world, generating significant cost savings for both the airlines.
Currently, the merger of United Airlines, a wholly-owned subsidiary of UAL Corp (UAUA), and Continental Airlines (CAL) remains on track for completion in the coming days. This merger was announced in May 2010.
The UAUA-CAL merger will create the world’s largest airline with enhanced capacity and improved services, overtaking Delta. This will enable United Airlines to enjoy a favorable position in an increasingly competitive global and domestic aviation industry and help it perform better than any stand-alone airline. Even the discount leader, Southwest (LUV) has jumped into the consolidation drive, announcing a deal earlier this week to acquire fellow discounter AirTran Holdings (AAI).
Further, air carriers are involved in a lot of technology upgrades and automated systems for various activities such as airline reservation system, flight operations system, website, maintenance systems and in-flight entertainment systems. These systems upgrades enable the companies to perform better, lower costs and enhance customer service.
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AIRTRAN HLDGS (AAI): Free Stock Analysis Report
CONTL AIRLS-B (CAL): Free Stock Analysis Report
DELTA AIR LINES (DAL): Free Stock Analysis Report
SOUTHWEST AIR (LUV): Free Stock Analysis Report
UAL CORP (UAUA): Free Stock Analysis Report
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