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1997 - Bought by the holding company for ValuJet Airlines, the holding company merged their ValuJet airline into AirTran thus keeping the AirTran name; 2011 - Bought by Southwest Airlines, AirTran fleet transferred to Southwest and thereby AirTran becomes an inactive subsidiary; Alaska Airlines. 1986 - Acquired Jet America Airlines
Airlines, like any business, are susceptible to market fluctuations and economic difficulties. The economic structure of the airline industry may contribute to airline bankruptcies as well. One major element in almost every airline bankruptcy is the rejection by the debtor of its current collective bargaining agreements with employees.
American Airlines, Delta Air Lines, United Airlines and Southwest Airlines control about 80% of the domestic air-travel market, and all of them grew significantly through mergers between 2008 and ...
This is a list of airline holding companies, that either own more than one airline or are the parent company of a single airline. A company or firm in which the holding company owns a significant portion of voting shares , usually 20–50% or a "minority of share ownership", is known as an associate company .
Southwest Airlines Co (NYSE:LUV) stock is trading higher Monday amid reports that Elliott Investment Management is taking a $2 billion stake in the airline. Initially known for revolutionizing air ...
Southwest Airlines stock has been knocked down by a number of headwinds this year. But the company still has a high profit margin and plenty of room to grow. It could even be an acquisition target ...
Northwest Airlines (often abbreviated as NWA) was a major airline in the United States that operated from 1926 until it merged with Delta Air Lines in 2010. [1] The merger made Delta the largest airline in the world until the American Airlines–US Airways merger in 2013.
Is Southwest Airlines (NYSE:LUV) stock a good "bottom-fishing" opportunity? That depends. Sure, it's stronger than its rivals. But that may not be enough.Source: Carlos E. Santa Maria ...