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US Transportation Secretary Sean Duffy Sees Room for Airline Mergers
US Transportation Secretary Sean Duffy stated that there is "room for some mergers in the aviation industry," though any deals would be reviewed on a case-by-case basis to prevent monopolies.
7 Apr, 21:11 — 8 Apr, 04:54
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Business InsiderMostly Factual19h ago
Transportation Secretary says US airlines have 'room for some mergers'
Transportation Secretary Sean Duffy. Anna Moneymaker/Getty Images Sean Duffy said there is "room for some mergers in the aviation industry." He said any deals will be reviewed on a "case-by-case basis," and he doesn't want to see a monopoly form. The US aviation industry is dominated by four major airlines, each with about 17% market share. Transportation Secretary Sean Duffy said he wouldn't mind seeing some US airlines merge. In an interview with CNBC released on Tuesday, Duffy was asked ...
Read full article →seeking-alphaMixed1d ago
DOT Sec. Duffy sees “room” for more airline M&A
Read full article →Coverage Timeline
First report: seeking-alpha · 7 Apr, 21:11|Full coverage: 2 · 8h|Window: 8h
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