Are airline mergers good?
Are airline mergers good? Airline executives and financial analysts claim such mergers lead to greater efficiency and service. Labor officials claim they lead to job cuts. And consumer advocates claim they lead to fewer flights and higher fares.
What two airlines are merging?
On Monday, Spirit Airlines and Frontier Airlines announced plans to merge their operations, which means that the U.S. air travel market is getting a major new player.
What are the 5 forces of competition for the airline industry?
The five forces are :
- Rivalry among competitive firms.
- Customers' bargaining power.
- Suppliers' bargaining power.
- The threat of substitutes.
- The threat of new entrants (barriers to entry)