Noteworthy: Airlines: Texas carriers fly fuller; mergers ahead
AbstractTexas-based Southwest Airlines and American Airlines have seen more passengers and fuller planes this year. Carriers experienced a summer of increased demand and strong profit growth as the U.S. airline industry healed from the recession and a rough 2009. Resurgent business travel paced the revenue and profit increases. ; Mergers promise change for Texas' airline industry. Southwest plans to take over AirTran Holdings Inc. of Atlanta and keep corporate operations in Dallas, while Houston-based Continental Airlines Inc. merged with Chicago's UAL Corp. on Oct. 1 and began relocating corporate operations from Texas.
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Bibliographic InfoArticle provided by Federal Reserve Bank of Dallas in its journal Southwest Economy.
Volume (Year): (2010)
Issue (Month): Q4 ()
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